Green Car Congress

NOVEMBER 6, 2012

announced that the United States Bankruptcy Court for the District of Delaware (the "Court") has granted A123 interim approval to use $50 million of Debtor-in-Possession (DIP) financing, which is being provided by Wanxiang Group Corporation (Wanxiang). The financing supplements the pre-petition $22.5 Li-ion maker A123 Systems, Inc.

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Financing Fisker Sale Delaware 225

Green Car Reports

MARCH 19, 2024

Fisker has paused production of its Ocean electric SUV for six weeks as it seeks to draw down inventory and secure additional financing. To the funding point, Fisker confirmed Monday that it has secured "a financing commitment from an existing investor" of up to $150 million.

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Fisker Production Financing SUV 164

Green Car Reports

JULY 10, 2020

Electric-car startup Fisker Inc. The financing came through a Series C funding round led by Moore Strategic Ventures LLC, the private investment vehicle of Louis M. Bacon, according to a Fisker press.

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Fisker Financing SUV Electric Cars 160

Green Car Reports

SEPTEMBER 28, 2012

In April, Tom LaSorda--then CEO of Fisker Automotive--said the company was raising additional capital. Today, Fisker announced that it had closed a new found of financing, with more than $100 million coming into the company's coffers.

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Fisker Financing Global Market 155

Green Car Congress

APRIL 7, 2009

Fisker Automotive, Inc. New York-based Eco-Drive (Capital) Partners LLC, a European-American investment consortium, and Kleiner Perkins Caufield and Byers, an early investor in Fisker, have together agreed to provide the capital. Early production vehicles of the 2010 Fisker Karma are slated to come off the assembly line late this year.

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Karma Fisker Plug-in Plug 150

Teslarati

AUGUST 27, 2024

Fisker owners are seeking justice after being abandoned following the company’s bankruptcy, and a law firm has now retained more than 800 owners who are trying to get vehicle issues resolved, only to be left in the dark. Fisker was nowhere to be found as owners looked for help. Owners still have no answers. Morgan Chase Bank.

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Fisker Legal Financing Purchase 129

Teslarati

APRIL 23, 2024

It appears Fisker is back on the brink of bankruptcy, as the company has highlighted in its latest filing with the U.S. Fisker filed its annual 10-K form with the SEC on Tuesday after the struggling electric vehicle (EV) maker announced it would have to delay filing of the 2023 report , missing a key interest payment in February.

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Electrek

MARCH 18, 2024

EV startup Fisker (FSR) is pausing EV production for six weeks as its financial struggles worsen. Fisker looks to get its finances in order after failing to make an interest payment. The EV maker did get a commitment for up to $150 million in financing, but will it be enough?

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Fisker Financing Production 125

Teslarati

JUNE 18, 2024

Fisker Group Inc. In a press release, the EV maker noted that it was in advanced discussions with financial stakeholders about debtor-in-possession financing and the potential sale of its assets. As noted in a report from the Associated Press , Fisker estimates that its assets are between $500 million and $1 billion.

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Fisker Delaware Auto Industry Financing 110

Teslarati

MAY 7, 2024

After electric vehicle (EV) maker Fisker halted production at its contract manufacturer’s plant in Austria, the company has now filed for reorganization and court protection in the country. comes as Fisker has warned of going bankrupt if it can’t find additional financing. In addition to being suspended on the U.S.

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Austria Fisker Production Financing 105

Teslarati

MARCH 18, 2024

Fisker will pause production of its electric vehicles (EVs) for six weeks, and the company also says it has received a financial commitment of up to $150 million amidst financial concerns. Fisker also says it has delivered around 1,300 EVs so far this year. BusinessUpdate We have received a financing commitment of up to $150 million.

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Teslarati

MARCH 13, 2024

Electric vehicle maker Fisker has sparked potential bankruptcy filing speculations after a report emerged stating that the company had hired restructuring advisors. The move follows Fisker’s statement in February, which indicated that its “current resources are insufficient to satisfy its requirements” for the next 12 months.

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Green Car Reports

JULY 7, 2021

billion for more than a dozen EV-related startups, but with relatively little to show for it, according to new data from Bloomberg New Energy Finance (BNEF). Special purpose acquisition companies (SPACs) have already raised $7.5

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Fisker Financing Corporation Energy 165

Teslarati

FEBRUARY 29, 2024

Electric vehicle maker Fisker Inc. Fisker’s stock price plummeted 37% after trading hours following the update. In a press release , Fisker noted that it would need to seek additional equity or debt financing to ensure that its operations could continue. “To million, an increase of $128.3 million from Q3 2023.

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Fisker Financing Companies Production 85

Green Car Reports

OCTOBER 3, 2012

It's probably not much fun being Tony Posawatz, the latest CEO of Fisker Automotive, these days.

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Fisker Karma Financing Range 88

Plugs and Cars

SEPTEMBER 28, 2009

The media watchdog is pointing out misleading reports about the government loans secured by Tesla and Fisker recently aired on the "fair and balanced" network. Tags: tesla fisker foxnews battery electric car. Here's one of the FoxNews stories: See the full report here.

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Electric Cars Report

MARCH 18, 2024

Struggling electric vehicle startup Fisker announced today it would pause production of its electric vehicles for six weeks to align inventory levels and progress strategic and financing initiatives. The company said that it delivered 1,300 vehicles since the start of 2024.

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Fisker Production Financing Electric Cars 69

InsideEVs

MARCH 19, 2024

The maker of the Ocean SUV said it has a financing commitment of up to $150 million from a current investor.

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Fisker Financing Production SUV 118

Green Car Congress

APRIL 3, 2014

The LPO made a total of 5 awards; the other four were: $529 million to Fisker (discontinued). LPO has not made an ATVM award since March 2011; that loan, for $50 million to the Vehicle Production Group LLC, is now discontinued. 5.907 billion to Ford (closed). 1.448 billion to Nissan (closed). 465 million to Tesla (closed).

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Manufacturer Vehicles Fisker Auto Industry 199

Green Car Congress

SEPTEMBER 13, 2010

In addition to the DOE grant, the company received $125 million in state incentives from Michigan as part of its 21 st Century Jobs Fund to help finance these manufacturing facilities.

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Li-ion Michigan Manufacturer Lithium Ion 186

Teslarati

JANUARY 8, 2024

Panasonic Automotive already formed relationships with companies in the industry, like Amazon and Fisker. Panasonic Automotive also teamed up with automaker Fisker to create an audio system. In November 2022, Panasonic and Fisker debuted the Pulse audio system for two variants of the Fisker Ocean.

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Auto Industry Industrial Industry Auto 106

Green Car Congress

AUGUST 8, 2012

According to the proposed terms of the strategic agreement, if the entire amount of the initial debt financing is provided to A123 and the full amount of the warrants and Convertible Notes are issued and exercised for cash, Wanxiang’s total capital investment in A123 from these agreements would total approximately $450 million.

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Baua Electric

JUNE 18, 2024

Fisker in a statement said it has sought Chapter 11 bankruptcy protection with a court in Delaware, and that it is currently in talks with creditors over debtor-in-possession financing and the sale of remaining assets. The move comes roughly a year after the start of deliveries of the Ocean, Fisker’s debut model.

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EV Info

NOVEMBER 21, 2022

Yes – production commences at the Magna Steyr plant in Austria of the Fisker Ocean SUV. Fisker plans to complete just over 42,000 examples in the first year of production but will start with just 300 units in the first quarter. Fisker has started production of the long-awaited Ocean SUV. . We have a Fisker EV on order.

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Fisker Production Austria SUV 52

Baua Electric

MARCH 19, 2024

Fisker has paused production of its Ocean electric SUV for six weeks as it seeks to draw down inventory and secure additional financing. To the funding point, Fisker confirmed Monday that it has secured “a financing commitment from an existing investor” of up to $150 million.

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Fisker Production Alaska Austria 52

Baua Electric

JUNE 18, 2024

After many signals suggesting that it would happen, Fisker has officially filed for bankruptcy. The chapter 11 filing came late Monday night in Delaware, where Fisker is incorporated. Soon after, Fisker posted a statement on its website. LOS ANGELES (June 17, 2024) – Fisker Group Inc. Fisker Inc. Fisker Inc.

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Fisker Delaware Los Angeles Alaska 52

Baua Electric

MARCH 19, 2024

Fisker sends out a mix of optimism and warning signs. And Fisker has paused production of its Ocean EV , as it seeks to sell down an inventory of about 4,700 vehicles. The post Audi Q6 E-Tron review, Fisker pause, Rivian Tesla adapter: Today’s Car News appeared first on Bauaelectric Auto News. Privacy Policy.

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Fisker Audi Green Cars Tesla 52

Green Car Congress

OCTOBER 12, 2014

It did not include CODA and Fisker nor models introduced after the survey period such as the Chevy Spark; Fiat 500e; BMW i3 and i8, or the Cadillac ELR. While Tesla Motors was 23 part of the study, California data was unavailable since Tesla opted out of providing data in the state of California.

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Davis Plug-in Plug Sale 290

Baua Electric

MARCH 1, 2024

Fisker is in talks with an unnamed “large automaker” for a potential investment, development of one or more EV platforms, and North American manufacturing. The announcement, first reported by Automotive News , came directly from Fisker’s fourth-quarter 2023 earnings report Thursday.

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Fisker Alaska Dealers Austria 40

Teslarati

MAY 9, 2023

Fisker reported earnings earlier today, indicating that the business is suffering from weakening demand and a flimsy financial position, following a very similar report from Lucid on Monday. According to Yahoo Finance, this contributed to slightly beating investor expectations, set at $657.7 million in total earnings, a $1.32

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Industrial Industry Fisker Kentucky 101

Teslarati

AUGUST 14, 2022

In Q1, he liquidated his shares in Fisker and Li-Cycle, which is a lithium-ion recycling company. Along with Tesla, the fund sold cut back, and also invested in various electric vehicle stocks this year. He held 8 million shares of Protera in Q1 2022 but currently holds 2.82

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All Cars Electric

OCTOBER 19, 2009

nk's battery pack, and Valmet Automotive, intended assembler of Fisker Automotive's Karma, have provided financing to Th!nk nk City EV will resume, but will be built by Valmet Automotive. Both Ener1, American supplier of Th!nk's nk to allow production.

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Karma Production Fisker Financing 40

MyEVOnline

JULY 28, 2020

Fisker , a Los Angeles-based automotive company, will sell its first electric car, Ocean crossover SUV by the end of 2022. Earlier, Fisker Automotive ended up in bankruptcy in its effort to manufacture its first EV. However, this time the company has adopted a different strategy to create and finance its product. Fisker Inc.

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Los Angeles Fisker Tesla Manufacturer 52

Baua Electric

DECEMBER 31, 2024

In contrast to the main brand, which Faraday has struggled to build itself, the FX sub-brand will be an asset-light operationlike the now-defunct Fisker with limited marketing and an online-only sales model. Faraday Future FF91 2.0 19 confirming that they had reached U.S. Faraday promised additional updates about the FX rollout at CES.

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Cars That Think

JANUARY 6, 2025

The short-lived 2012 Fisker Karma took a similar approach. EREVs now make up nearly a third of the nations plug-in-hybrid sales, according to Bloomberg New Energy Finance. None of these vehicles made much impact on the market. As a large pickup with conventional styling, the Ramcharger appears to be a more mainstream proposition.

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Plug-in Plug Hybrid Sale 142

Baua Electric

MARCH 18, 2024

Despite the win, Canoo’s finances are still a concern. Fisker (FSR) announced earlier today that it is pausing production after failing to make an interest payment. The company is halting production for six weeks as it looks to get its finances in order. At the end of September , Canoo had only $8.3 The EV maker lost $273.6

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Oklahoma Oklahoma City Tax Credit Financing 52

Tony Karrer Delicious EVdriven

APRIL 30, 2009

and Fisker Automotive Inc.,are We understand the situation, in terms of government andincentives,” Fukui said April 23 in Detroit. Naturally, we’regoing to have to accommodate that too.” General Motors Corp., Toyota Motor Corp. and Nissan MotorCo., and startups Tesla Motors Inc. moves to tighten fuel-economy and greenhouse gasrules.

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Obama Honda Plug-in Plug 53