Henrik Fisker is back. Not content for blowing through a billion and a half dollars of other people’s money building a hybrid car a few years ago. the Danish entrepreneur says he has formed a new company to build electric cars that will compete with Tesla. Seriously?
Browsing the "Wanxiang" Tag
Karma Automotive will buy high voltage vehicle charging equipment and other electric drivetrain components from BMW. It plans to start selling car in 2016.
Originally published on EV Obsession. A few months ago, I wrote about Fisker Automotive and Technology Group’s search for factory space in California to resuming production of the Elux Karma (aka Fisker Karma). This was somewhat surprising, since it’s not too common for a Chinese company* to manufacture products in California, but stranger things have happened. According to […]
It was always the intention for Fisker Motors to build its cars in America, but despite cranking out more than 2,000 Karma models during its brief run, not a single one of those was built on US soil. Fisker’s new Chinese owners want to change that, reports AutoGuide, eyeing a location in Moreno Valley, California […]
In march of 2013, Fisker Automotive filed documents to declare bankruptcy after the company burned through hundreds of millions of dollars in public and private equity to build its debut car, the Karma. It would take another year for Wanxiang Group to pick up where Henrik Fisker left off, and later this month we’ll get […]
In a move that will surprise no one, Fisker’s new owners the Wanxiang Group have decided to drop the old name in favor of a new one. According to Reuters, the Fisker Karma will be renamed the Elux Karma, though it will take more than a name change to fix everything that’s wrong with Fisker. […]
The rumors that Apple is working on an electric car codenamed Project Titan just got a lot stronger with a lawsuit by A123 Systems that accuses the iPhone maker of stealing key EV battery engineers. Reuters reports that beginning in June of 2014, Apple began approaching key employees of A123 Systems, including several in leadership […]
Bob Lutz says that his Fisker Karma based VL Destino could end up being the fastest sedan on the market, even the 707 horsepower Charger Hellcat.
Henrik Fisker is hoping to make a triumphant return to the auto industry with the “ultimate” American muscle car, which is probably a 2015 Mustang.
The soon-to-relaunch Fisker Karma will be basically the same car as the one that sunk Fisker in the first place, albeit with some much-needed upgrades.
The Wanxiang Group now owns the rights to the Fisker Karma, which it plans to relaunch after fixing some 250 “bugs” found in the original design.
Wanxiang is going to fight Tesla using the same tactics as Elon Musk. Mr. Lu will be starting his electric car ambitions in America before coming to China.
Can Fisker’s new Chinese owners build a rival to Tesla Motors? Wanxiang Group’s billionaire owner Lu Guanqiu wants to do just that, or go broke trying.
Under new management, Fisker is readying a relaunch for the middle of 2015, though it might not be called Fisker anymore, according to its interim president.
With the purchase of the former GM assembly plant in Delaware, Wanxiang may finally make good on Fisker’s promise to produce cars right here in America.
No word, yet, on whether this is a real thing that Katy Perry did or some sort of elaborate Fisker Karma publicity stunt being carried out by Wanxiang.
Flush with Wanxiang funding, the New Fisker is bringing back the Karma super sedan and its baby brother: the new for 2015 Fisker Atlantic plug-in hybrid.
Representatives of the Wanxiang Group have pledged to restart Fisker Karma production within a year, and to complete development of Fisker Atlantic.
With support from Fisker’s new Chinese owners, Bob Lutz will reanimate the Karma’s electric corpse with 6.2 liters and 460 horsepower of Corvette engine.
The dust has settled, and pending approval by the courts, China’s Wanxiang will become the owner of Fisker Automotive for $149 million.