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In addition to hopefully re-launching the Karma series hybrid, Fisker Automotive’s new owners aim to introduce a second plug-in model within the next three years. However, both Lu Guanqiu, chairman and founder of Wanxiang Group Co., which bought Fisker during a bankruptcy auction earlier this year, and Pin Ni, president of the company’s U.S. unit, […]

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Lu Guanqiu, the chairman and founder of China’s Wanxiang Group Corp. which purchased A123 Systems and Fisker Automotive says he’s bound and determined to successfully compete against Tesla in the U.S. and China. Stated plans to build new plug-in hybrid models are few, but his will to win in the electric car market is plain, […]

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Yesterday former Volt line director and former Fisker CEO Tony Posawatz was announced as a new member of the Electrification Coalition (EC). His contribution to electrification was more pronounced when he was working for General Motors, where he worked over 30 years, and was in charge of the Volt from concerts stage in 2006 to […]

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Fisker’s ex-VP of global design, Alexander Klatt, has joined the College for Creative Studies as MFA Chair of Transportation Design. The College for Creative Studies (CCS) announced the appointment earlier this week. As Vice President of Global Design at Fisker Automotive, Klatt led the development team for the Karma platform, among the world’s first luxury […]

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A U.S. Department of Energy (DoE) sponsored auction of the remaining assets of Fisker Automotive was reportedly finished yesterday, and the winner preliminarily appears like it will be Hong Kong tycoon, Richard Li. The dollar amount reportedly to be paid on the deal which was not yet closed has not been disclosed and further details […]

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One of Fisker Automotive’s most influential backers, Ray Lane, resigned last week from Fisker’s board of directors as investors encircle the ailing company. Lane is a Partner Emeritus at Kleiner Perkins Caufield & Byers (KPCB), the firm whose credibility and backing enabled Fisker to raise hundreds of millions of dollars in private capital. The usually […]

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As far as official info goes, it is anyone’s guess, but anonymous sources have said Henrik Fisker is working with Hong Kong billionaire Richard Li in one of two potential bids to keep Fisker Automotive’s name alive. Henrik Fisker abruptly left the company he co-founded six years ago in March this year, and Reuters says […]

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Fisker’s saga is far from over and businessmen around the world are hovering over its Karma. We heard news not long ago that Detroit-based VL Automotive, in which ex-GM executive Bob Lutz is involved, is planning on selling V8-powered Fisker-bodied vehicles. According to news agency Reuters, VL Automotive is partnering with China’s Wanxiang Group with […]

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Is it safe to say that Fisker Automotive is not planning to throw in the towel just yet? Almost every commentator is saying the Anaheim Calif.-based plug-in hybrid maker’s bankruptcy is imminent – and for all we know it might be – yet inexplicably the company has just posted a new Web site with an […]

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Fisker’s debacle is making a lot of noise both in automotive and in financial circles. After weeks of analysis by PrivCo’s staff of attorneys, accountants and financial analysts, PrivCo released yesterday its timeline detailing Fisker Automotive’s “Road To Ruin,” supplemented by never-before published documents. Based in New York, PrivCo describes itself as a provider of […]

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