2012 Fisker Karma on 2040-cars

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Wanxiang increases Fisker bid by $10m, hints at Delaware production

Just before a judicial hearing tomorrow on the fate of bankrupt Fisker Automotive, one of the two companies fighting over the company's remains, Wanxiang America Corp., said it is willing to increase its submitted bit by a cool $10 million in cash. Wanxiang is ready to bring its total starting bid to $35.7 million and said it is willing to pay 'considerably' more if US bankruptcy judge Kevin Gross approves the sale. Wanxiang says it would pay Fisker's unsecured creditors 50 cents (or more) on each dollar they are owed, while a competing bid from Hybrid Technology LLC would net them less than a penny per dollar. Wanxiang has also said that if it gains control of Fisker, it could restart Karma production in Finland and then wants to build a next-gen model (a hatchback Atlantic, which you can see here) in Michigan alongside the gas-powered version of the Karma, the Destino. Wanxiang is also hinting that it could build future models in Delaware, "if there's enough consumer demand." Remember, attorneys for Fisker wanted the judge to deny Wanxiang's initial bid altogether and want the plug-in vehicle company to be sold to Hybrid Tech. Last year, Hybrid Tech bought the Department of Energy's failed loan to Fisker for $25 million. The loan was originally valued at $529 million, but Fisker only ever accessed $192 million of that before the DOE got suspicious and stopped funding. Featured Gallery Fisker Karma by GS Automotive Art News Source: ABC News, Washington PostImage Credit: Gijs Spierings Green Fisker Electric Hybrid PHEV wanxiang destino

Fisker commits to Extreme E electric off-road series

EV manufacturer Fisker has committed to Extreme E, the company confirmed Monday, and is in "advanced talks" to become a series partner and potentially field a factory team. The Extreme E series is the brain child of Formula E mastermind Alejandro Agag. It will feature purpose-built 4x4s EVs racing in remote, spectator-free venues with coverage provided by drones. The series will visit remote regions of Nepal and Saudi Arabia, among other locales, and teams will be transported from one leg to the next via ship. Extreme E is refitting a 7,716-ton former Royal Mail Ship, the RMS St. Helena, to serve as transportation and floating paddock. There will be five races in the 2021 season — if all goes to plan. The series' remote nature will make it less accessible to fans, but the choice of such locales was intended to highlight "[...] the impact of climate change and human interference in some of the worldÂ’s most remote locations and promotes the adoption of electric vehicles to help preserve the environment and protect the planet," the series announcement said.  "Alejandro brought electric vehicle racing into the mainstream with Formula E and I fully support his vision to reinvent off-road racing at the same time as creating an education platform for the threats posed by climate change. Extreme E and Fisker Inc. are completely aligned in our mission and values," said CEO Henrik Fisker. Extreme E will use a spec chassis. Dubbed the Odyssey 21, it will be built by French company Spark and powered by batteries designed by the Williams Formula One team. Spark says the Odyssey 21 can do 0-62 mph in 4.5 seconds and with a range of 200km in non-racing conditions. The top speed is around 200 kph (or approximately 120 mph). While the chassis and battery pack will be provided, manufacturer teams will be tasked with developing their own electric motor and inverter. They will also have leeway in designing certain body panels, allowing them to make the Odyssey 21 look more like their own production models.   

Luxury EV Fisker Emotion revealed at CES 2018 in Las Vegas

Tesla has real competition as Fisker unveils EMotion at CES 2018. EMotion has a range of over 400 miles with a top speed of 161 mph. The luxury EV includes a fast charging feature that gives you 125 miles of range after 9 minutes of charging. For more coverage of CES 2018 head over to https://www.autoblog.com/tag/ces+2018/ CES Fisker Autoblog Minute Videos Original Video electric sedan