The new Fisker is here. Will new Karma’s resurface and the Atlantic emerge?
A startup called Leyden Energy is getting rid of a bunch of assets and patents around its lithium ion battery tech. Is it finally closing up shop?
Production is expected imminently of the Fisker Karma, now that Chinese giant Wanxiang has purchased the electric car startup.
Chinese auto parts giant Wanxiang has won a bid for electric car maker Fisker for $149 million, and a judge has approved it. Will they restart production of the Karma and make the Atlantic soon?
The long disturbing tale of electric car maker Fisker Automotive keeps on going, and keeps getting more weird.
Is $20 million the final valuation of electric car maker Fisker Automotive? Yikes, that’s what a group is reportedly bidding on Fisker for, and which would be less than 1% of its original valuation.
Five-year-old, Bill Gates and Khosla-backed, EcoMotors is finally commercializing its efficient engine technology. And it’s got a killer deal to do it: a $200 million plant being built by Chinese auto giant Zhongding Power.
Cleantech VC is receding because of poor short-term performance – no surprise in a post-bubble field with outsized time and money requirements. The category is about to go on a walk in the woods, where innovators will blaze a new trail.
Fisker is the latest electric car maker to reach out to Chinese investors and auto tech giants for investment and acquisition. And it’s also the latest electric car company to struggle and face a discounted value.
In contrast to the bulk of the electric car companies and vendors out there, Tesla actually reaches its planned production run rate of its Model S electric car. This is its path to profitability and mainstream auto status.