Last week the Department of Energy auctioned off the remaining balance of its ATVM loan to Fisker Automotive. No firm details have been released by the government, but Reuters is reporting that an investor group led by Hong Kong business tycoon Richard Li placed the winning bid. The Department Of Energy set the minimum bid… Continue reading Fisker Automotive sold to a group led by Richard Li
Fisker recently appointed former Chevy Volt department leader Tony Posawatz as its CEO. This shift is to help Fisker target a much more affordable next car, to potentially compete with the Chevy Volt. The Fisker Atlantic was to be priced well below the Karma, but last week Fisker announced the Atlantic has been delayed until… Continue reading Fisker working on entry-level range extended electric vehicle
Fisker has figured out what will be under the hood of it’s next vehicle: an engine from the BMW 3-series. Fisker has signed an agreement with BMW to use the current 4-cyl turbo engine from the BMW 3-series in the Fisker Atlantic. Fisker Automotive CEO Tony Posawatz told the Automotive Press Association that the Atlantic… Continue reading Fisker Atlantic will use engine from BMW
Last night Fisker officially unveiled the Fisker Atlantic plug in hybrid, and it looks just as good as the Karma. Fisker didn’t reveal any information such as all electric range, or cost, or even estimated delivery date. All that Fisker Automotive said was that the Fisker Atlantic would come in at a much lower price… Continue reading Fisker Atlantic officially revealed
Just a few weeks ago, Fisker Automotive announced it was laying off 66 US workers to help conserve cash. That’s because Fisker missed some production deadlines and may not receive all of the DOE funding it had originally been granted and had planned on. Many media outlets were reporting that Fisker would soon fail, but… Continue reading Fisker Automotive doing fine, according to CEO
