Fisker Automotive Inc filed for bankruptcy and plans for its assets to be acquired by Hybrid Technology. The group included Richard Li, the son of Hong Kong's richest man.
Tags: Fisker Automotive
Fisker Recalls 12,000 Ocean EVs Over Faulty Door Handles on Top of Bankruptcy
Fisker Automotive Inc. is recalling over 12,000 Ocean electric vehicles worldwide due to faulty door handles. This is the company's third recall this month as it faces ongoing investigations by the NHTSA.
Fisker Asks Judge to Approve Sale of Ocean EVs for $14,000 Each Amid Bankruptcy
EV startup Fisker has requested a bankruptcy judge's approval to sell over 3,000 Ocean electric SUVs to American Lease for approximately $14,000 each, totaling $46.25 million.
Wanxiang sweetens bid for US car maker Fisker in battle with Hybrid
China-based car parts conglomerate Wanxiang has sweetened its bid for failed US electric car maker Fisker Automotive in a battle with its rival suitor, Hong Kong-based firm Hybrid Technology.
Leonardo DiCaprio invests in Monaco's Formula E team
Hollywood actor Leonardo DiCaprio has invested an undisclosed amount in Monaco-based electric car startup Venturi Automobiles and co-founded a new electric racing team which will compete in the Formula E series next September.
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The Department of Energy loan given to the now floundering Fisker was bought out by an investment firm headed by Richard Li.
BAIC Group stated that it is planning to buy assets from Fisker Automotive Inc. to enhance its own electric vehicle development.
Consortium bids for Fisker at the fraction of the price. A group participated by Bob Lutz, a former Executive of General Motors Co together with the biggest parts maker in China is eyeing to acquire Fisker Automotive for US$20 million which is a percentage of the "green" car company's projected value in the last quarter of 2011, according to a report from Reuters.
Possible strategic partners for Fisker, namely Dongfeng Motor Group and Zheijang Geely Holdings, have pulled out from discussions.
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