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Henrik Fisker presents 'Thunderbolt,' a take on the Aston V12 Vanquish

Henrik Fisker's name no longer even appears on the vehicles from his former brand, but since leaving the company, the man is slowly transitioning back into what made him famous in the first place: design. Fisker has already put pen to paper for a concept motorcycle and a carbon-fiber-bodied Ford Mustang. For his latest project, Fisker has made his unofficial return to Aston Martin to create a one-take on the Vanquish called the Thunderbolt. Debuting its carbon fiber skin at the 2015 Amelia Island Concours d'Elegance, Fisker keeps his transformation of the Vanquish far more subdued than his recent work on the Mustang. He enlarges the grille to take up the entire front end but retains Aston Martin's traditional shape, and the hood receives a power dome with triangular air intakes on each side. In profile, this is still clearly an Aston just sharper and leaner. It's also lowered 0.6 inches and rides on 21-inch wheels. A big change comes at the back where Fisker adds wraparound rear glass and transforms the taillights into thin strips of LEDs. The interior offers a mix of high-end leather and more carbon fiber, plus an 11.6-inch Curved Control Screen from Panasonic. Unfortunately, even if you have the means and want to buy this Thunderbolt, it's not for sale. However, Galpin Aston Martin is taking limited orders for a tweaked version with a revised front end that includes different intakes on either side of the grille and without the Panasonic infotainment screen. As designer for the Aston Martin DB9 and V8 Vantage, the Thunderbolt can be thought of as Fisker's return to the British brand, albeit in an unofficial and extremely limited way. Still, it's fascinating to get a glimpse at what the marque's models might look like, if he were still there. Related Video: HENRIK FISKER UNVEILS HIS LATEST DESIGN STUDY, A TIMELESS GT COUPE, AT 2015 AMELIA ISLAND CONCOURS D'ELEGANCE One-Off V12 Vanquish-Based Coupe Features Carbon Fiber Coach-Work and World's First Panasonic Curved Screen Infotainment System Amelia Island, Florida (March 14, 2015) – Henrik Fisker today took the wraps off of his latest design study, the "Thunderbolt," at the 2015 Amelia Island Concours d'Elegance. Designed by Henrik Fisker as a powerful GT coupe; this is his personal interpretation of how his Aston Martin V12 Vanquish coupe could look like.

The billionaire's passion behind Wanxiang's Fisker bid

If it weren't for billionaire Lu Guanqiu, founder of Chinese auto parts giant Wanxiang Group, the Fisker Automotive bankruptcy bailout deal might have closed earlier this month. Hong Kong tycoon Richard Li, along with Li's affiliate company Hybrid Tech Holdings, assumed their offer was going to be accepted. Instead, the US bankruptcy court judge called for an open auction bid for Fisker's assets on February 12. Lu made a few convincing points to the judge. There's another interesting part of the story that Lu didn't share it with the judge. If the Fisker deal doesn't work out, Lu and Wanxiang might increase their working relationship with Tesla Motors. Lu told US bankruptcy judge Kevin Gross that Wanxiang, which now owns Fisker's supplier of lithium batteries, A123 Systems, is better placed than Hybrid Tech Holdings to restart and expand production at Fisker. Better yet, Wanxiang could move production from Finland to the US. That was convincing enough for Gross to schedule the auction. Lu's move toward taking over ownership and restoring Fisker seems to be driven by two motivations: converting his company from a parts maker to an automaker; and to grow the yet-to-be profitable "new energy " business such as lithium battery and electric vehicle makers. For Lu, it's not so much about believing in Fisker – it's more about playing a leading role in electric vehicles – and that could come through deepening its connection to Tesla Motors. "Of course we want to pocket Fisker. But we will bid rationally," he said to Reuters. "Whatever the result, nothing can stop us from making electric cars." Check out more about Lu in this Reuters piece, including how he and six other farmers pooled together $500 in 1969 to start what would become Wanxiang. Featured Gallery Fisker Karma at Laguna Seca News Source: Reuters Government/Legal Green Fisker Tesla Electric wanxiang

Fisker is laying off 15% of staff and says it needs more cash ahead of a 'difficult year'

Electric vehicle startup Fisker is planning to lay off 15% of its workforce and says it likely does not have enough cash on hand to survive the next 12 months. The company says it is trying to find a way to raise that money as it works through a pivot from direct sales to a dealership model. "[W]e have put a plan in place to streamline the company as we prepare for another difficult year," founder and CEO Henrik Fisker said in a statement. Fisker reported more than 1,300 employees as of the end of September 2023, meaning the cut could affect close to 200 people. The company's share price plunged 35% in after-hours trading. Fisker said Thursday that it finished 2023 with $396 million in cash, though $70 million of that is restricted. The company says it is talking with one of its lenders about making "an additional investment" in the company. It also claims it is "in negotiations with a large automaker for a potential transaction which could include an investment in Fisker, joint development of one or more electric vehicle platforms, and North America manufacturing." A partnership like that will be crucial, as Fisker executives said on a call Thursday that it won't invest any more money in its future products unless it works with another automaker. That means the fates of a pickup truck, compact EV and other models that Fisker has teased are now in question. The company's financial struggles come as it is trying to move to a wholesale model built around partnerships with dealers, a shift that Fisker says has "negatively impacted" its sales so far. It's currently sitting on inventory of thousands of vehicles that are collectively worth more than $500 million. Fisker says it has received interest from around 250 dealerships but has only signed up 13 to date. Fisker has also been dealing with a number of problems with its Ocean SUV, its only model so far, as TechCrunch reported earlier this month. The company has said it resolved some issues with a software update in December and planned to fix many more in a larger 2.0 update earlier this month, but that only started making its way to customer vehicles this week. It is currently being investigated by the National Highway Traffic Safety Administration for reports of sudden brake failure, as well as for a handful of vehicle rollaway incidents. A number of big automakers are pulling back on their aggressive EV targets, and newer players are having trouble as well.