Mexican Media Brands
Fisker Hopes to Find a Buyer by February
Fisker Automotive Inc. aims to identify a buyer within weeks, according to The Wall Street Journal.
#hybrid
Share
Fisker Automotive Inc. aims to identify a buyer within weeks, according to The Wall Street Journal.
The newspaper cites unidentified sources who say two prospective purchasers have hired banks to study possible bids for the maker of the $107,900 Karma plug-in hybrid sport sedan.
Fisker has been struggling for nearly a year after the U.S. Dept. of Energy froze its $529 million loan last February. The company hired Evercore Partners Inc. early last year to help it find a buyer, partner or investor.
Any would-be buyer is likely to come from Asia, according to the Journal. It says Fisker has held talks with Wanxiang Group Corp, the Chinese company that won an auction in December to buy assets from bankrupt lithium-ion battery maker A123 Systems Inc.
Last year Fisker recalled the Karma three times, shed nearly half its staff and suspended work on its Atlantic midsize hybrid sedan. In November the company said it was forced to halt Karma production because A123 had stopped shipping batteries for the car.
RELATED CONTENT
-
Aluminum Sheet for EV Battery Enclosure
As the number of electric vehicles (EVs) is about to increase almost exponentially, aluminum supplier Novelis is preparing to provide customers with protective solutions
-
Electric Motors for Aero and Auto
Rolls-Royce—the manufacturer of aircraft engines, not the one that makes high-end vehicles with four wheels—is working with another British company, YASA, on the development of the ACCEL, an electric airplane.
-
The U.S. Military Finds New Roads: Fuel Cell Powered Pickups
While it seems that fuel efficiency as related to the U.S. federal government is all about light duty vehicles, that’s far from being the case.