2012 Fisker Karma Sport on 2040-cars

Auto blog

Fisker stock trades halted as talks with Nissan collapse

Fisker's talks with a large automaker for a potential deal have collapsed, it said on Monday amid growing uncertainty for the cash-strapped startup that last week paused electric-vehicle production.  Trading in the shares of the company, which did not name the automaker with which it was in talks, has been halted pending an announcement.  Fisker also said it will not be able to meet a closing condition related to its attempt to raise up to $150 million in funding by selling convertible notes after missing an interest payment.  Separately, Fisker said it would ask investors to vote on a proposal for a reverse stock split at a shareholder meeting on April 24, as it looks to maintain compliance with the Nasdaq's listing norms.  Reuters had reported earlier this month that Nissan was in advanced talks to invest in the company, however, earlier in the day, the Japanese automaker held an event in which it announced a long-term business plan, including its EV strategy, and said it was looking for partners in the United States.  Raising funds has been hard for loss-making electric vehicle startups, which have little in way of revenue as they struggle to ramp up production and deliver to customers, as the companies battle stiff competition and a tough economy.  The EV startup's shares have cratered this year, losing more than 90% of their value, after it flagged going concern risk in February and paused investments in future projects until it secured a partnership with an automaker.  Fisker pivoted to a dealer-partner model earlier this year, after it delivered less than half of the vehicles it made in 2023 due to logistics issues.    Earnings/Financials Fisker Nissan

Fisker Ronin $385,000 electric convertible early details revealed

Announced in May 2022, the Fisker Ronin will be positioned as the young brand's flagship model when it goes on sale later in the 2020s. It's still under development, but Fisker released preliminary specifications such as range and pricing to give us a better idea of what to expect. New images of the Ronin show a low-slung convertible with two full-size front doors, a pair of smaller rear doors, and pronounced wheel arches that are reminiscent of the Karma. The front doors open in a butterfly fashion, like in many modern McLaren models, while the back doors are rear-hinged to facilitate the task of hopping in the back seats. And your eyes aren't deceiving you: the Ronin looks more like a sedan than a convertible in some of the photos. Fisker explains the model will come standard with a power-operated hard top. It describes the Ronin as "a sizeable vehicle" that's capable of seating up to five passengers and that offers "exceptional" cargo capacity. The driver will face a futuristic-looking steering wheel with what looks like an integrated instrument cluster, a digital dashboard that's not unlike the Hyperscreen fitted to some current-generation Mercedes-Benz models, and a 17.1-inch display for the infotainment system. Powertrain details are vague at best, and Fisker warns that the figures it's providing could change because the Ronin is a work in progress. As of writing, it plans to deliver a convertible with over 1,000 horsepower and approximately 600 miles of driving range from a battery pack integrated into the aluminum space-frame chassis. Composite parts, including carbon fiber wheels, will help offset the drivetrain's weight. If everything goes according to plan, the Ronin will reach 60 mph from a stop in 2 seconds flat and keep accelerating until 170 mph. Fisker claims it will build 999 units of the Ronin by hand, though there's no word yet on where production will take place. Pricing starts at $385,000, a figure that puts the convertible in supercar territory, and deliveries are tentatively scheduled to start in the second half of 2025. We're taking this date with a grain of salt: hitting deadlines isn't one of Fisker's strengths. It initially planned to deliver the Ronin in 2024. Related Video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. Featured Gallery Fisker Ronin, preview images Green Fisker Convertible Electric

Fisker electric SUV named Ocean, and it'll have an app-based lease

Veteran car designer and Fisker chairman and CEO Henrik Fisker has done much teasing of his new electric crossover, and now it has a name: the Fisker Ocean. We like it, if we’re being honest. In the Fisker brandÂ’s previous iteration, during the era of the Karma, it had at one point planned a vehicle called the Atlantic, and we dig the marine theme. WeÂ’ve also got a few clear photos of the Fisker Ocean showing off its front and rear, as well as a look at its solar roof. On the tailgate, we can now see the “Ocean” badge beneath the Fisker logo. Fisker also announced that the Ocean will get an app-based leasing program, which Henrik Fisker himself has promised will be priced “way, way, way lower” than the electric Volvo XC40 under the Care by Volvo program (which starts at $700 a month), with “way, way, way more miles per year” and “no minimum term.” “The future of mobility is about enjoying an electric vehicle without hassle, long-term commitment and the prohibitive high cost of ownership,” Henrik Fisker said in a statement. “Driving the Fisker Ocean will be easy: through a flexible lease via a mobile app. And we take care of all the service and maintenance. Simply put, weÂ’re introducing the future of hassle-free, fun and easy e-mobility.” Reservations of for the Ocean open through the app on November 27. We wonÂ’t see the full reveal of the Fisker Ocean until January 4, 2020, but Fisker has offered a number of details about what it claims is “the worldÂ’s most sustainable vehicle.” The EV will come standard with an 80-kWh battery pack, with Fisker targeting about 250 to 300 miles of driving range on a charge. It features a solar roof, which could provide 1,000 miles of free range per year, with eventual hardware improvements increasing those efficiencies. Fisker has also put a lot of thought into the materials going into the Ocean. In lieu of leather, the crossover will feature a vegan interior. The carpet is made from recycled nylon, sourced from abandoned fishing line pulled from the oceans and other aquatic habitats. Eco-suede materials are recycled from recycled polyester and other recycled plastics. The car will also use rubber repurposed from tire manufacturing waste. Fisker will unveil the working, production-spec prototype during a livestream on January 4, but donÂ’t be surprised if we got more teasers between now and then, especially around the launch of the lease app.