2023 Fisker Ocean on 2040-cars

Auto blog

Fisker unveils EMotion electric sedan's butterfly doors

Henrik Fisker runs a new company called Fisker Inc., founded after Fisker Automotive crumbled and the Karma electric sedan went to China to be resurrected as the Revero made by a company called Karma. Any new company needs a new product, and Fisker has it: the EMotion electric sedan, which will bring its 400-mile-plus range, four butterfly doors, and a tiny example of its "revolutionary" battery to next week's Consumer Electronics Show in Las Vegas. We have about enough specs on the EMotion to fill a Post-It note, but we're told that the range comes courtesy of a whopping 143-kWh lithium-ion battery that can be re-juiced with a 125-mile range in nine minutes. Fisker Inc. had formed a joint venture with Nanotech to produce graphene batteries, but the JV fell apart. Fisker says the replacement li-ion batteries sourced from LG Chem employ proprietary module packaging to create "probably... the most energy dense battery pack in the world." The company won't be ready to divulge all of its battery and cooling secrets at CES, however, reps do plan to bring a cellphone-sized version to demonstrate the possibilities. Other innovations in development are an automated, hands-free charging connector. As for those doors, they take us back to the Savage Rivale Landyacht GTS, being butterfly portals all around, rear-hinged for the rear set. Not sure how practical they'll be, but they make the all-wheel drive EMotion look like nothing else - something the EMotion already didn't need to worry about. Fisker says the sedan's interior will be more spacious those of its competitors, with rear legroom exceeding that of "many full-size luxury sedans." Every seat gets viewing screens, and top speed rings in at 161 miles per hour. Fisker expects production to begin in 2019 somewhere in the US, and set the base price at $129,000. The order books are open now, with a $2,000 deposit securing your reservation. Related Video:

The $130,000 Fisker EMotion can be reserved for just $2,000

Just as Tesla did with the Model 3, Fisker is taking reservations for its upcoming EMotion electric sedan at its website. Deposits for the Fisker are a bit pricier than those for the Model 3, though, at $2,000 per reservation. Model 3 deposits were half of that. Of course, at a base price of $129,900, the EMotion is also about three to four times more than the target cost of the Model 3. There's also an interesting stipulation with reserving cars: Only three are allowed per person. We're not really sure why someone would need to order sizable batches of any car, but maybe it's just going to be that good. View 14 Photos The previously revealed specifications are certainly ambitious. Fisker says the car will be capable of going 400 miles on a charge, and that it will be able to pick up an extra 100 miles in 9 minutes of charging on a proprietary charging system. The car features autonomous technology, too, and some of the sensors are smartly hidden in the front chrome "grille." That faux grille and other styling details are all on display in an array of new photos and a video, all of which are shown above. The video shows the car in great detail as it slowly cruises past the overt "green" imagery of windmills and solar panels. Related Video: Image Credit: Fisker Green Fisker Green Automakers Technology Emerging Technologies Electric Luxury Sedan

As Fisker heads toward liquidation, creditors fight over assets

NEW YORK — Electric vehicle startup Fisker is headed towards a liquidation, attorneys said in U.S. bankruptcy court on Friday, as two creditor factions previewed a battle over which group will be paid first.  Fisker filed for bankruptcy protection in Delaware on Monday after burning through cash in an attempt to ramp up production of its Ocean SUVs. The company initially said it would seek additional financing and continue "reduced operations," but Fisker's attorney Brian Resnick said at the hearing in Wilmington the company does "not currently anticipate being able to obtain financing."  Resnick told U.S. Bankruptcy Judge Thomas Horan that the company planned to liquidate its assets, and it has reached a tentative deal with a single buyer for all of its 4,300 vehicles.  The California-based company, founded by automotive designer Henrik Fisker, was never profitable, with about $273 million in revenue in 2023 and a net loss of $940 million.  Fisker owes over $850 million to two groups of bondholders, and attorneys for the larger group accused a minority faction led by Heights Capital Management of seizing control of Fisker's debt in November through a "suspect" transaction with Fisker.  At the time, Fisker was late in providing audited financial statements due under its debt agreements, and Heights used that "minor, technical default" to claim all of Fisker's assets as collateral on its bonds, Alex Lees, an attorney for other bondholders, said.  "They basically handed the whole business over to Heights," Lees told Horan. "Fisker has been liquidating outside of this court's supervision, basically for one creditor's sole benefit."  Lees said that Fisker should have filed for bankruptcy in November. His group intends to challenge the November agreement that put Heights at the front of the line for repayment in Fisker's bankruptcy, Lees said.  Heights' attorney Scott Greissman said Lees' claim was "outrageous" and that Heights tried to help Fisker survive.  "There may be a lot of disappointed creditors, but none more than Heights," Greissman said.  Greissman said the expected sale of Fisker's fleet would pay only a "fraction" of Heights' $185 million in debt. That would leave little hope of repayment for other creditors.  Linda Richenderfer, an attorney for the U.S.