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Fisker introduces the $37,499 Ocean EV crossover ahead of CES 2020

Fisker unveiled an electric crossover named Ocean during a private event held before the model's official debut at CES 2020. Due out in 2022, the Ocean will compete in the same growing segment of the market as the upcoming Tesla Model Y and the recently-unveiled Ford Mustang Mach-E. The Ocean is the latest brainchild of designer Henrik Fisker, the same man responsible for the Karma (which is now known as the Revero) and the EMotion unveiled at CES 2018. It doesn't look like either of those cars, and it's more SUV-like than its aforementioned rivals. Fisker instructed his team to find ways to make the Ocean stand out in a rising tide of crossovers. Stylists came up with a handful of interesting features, like turn signal repeaters integrated into D-pillars, and solar panels integrated into the roof. Fisker explained motorists who live somewhere with good weather can generate about 1,000 miles of driving range annually by parking in the sun. Naturally, Seattleites need not apply. A thousand miles of range isn't much, but the firm argued it's a start. "We know this thing is improving, and we can then update it because we've already got the hardware," Fisker said during the unveiling.  While safety advocates celebrate the head-up display as a way to keep drivers focused on the road ahead, Fisker found a way to make the feature distracting by adding a karaoke function that presumably shows song lyrics next to the car's speed and navigation directions. We haven't seen the full interior yet, though we know it's made using sustainable materials like discarded fishing nets. There's also a California mode which lowers the six side windows, drops the rear window (like on an old American station wagon), and opens the sunroof at the push of a button to let the breeze in. The Ocean's powertrain consists of a lithium-ion battery pack with a capacity of about 80 kilowatt-hours, and an electric motor mounted over each axle for through-the-road all-wheel drive. Fisker quoted between 250 and 300 miles of driving range depending on driving conditions. Volkswagen-owned Electrify America will open its growing nationwide charging network to Ocean owners. Fisker expects to start Ocean production in late 2021, and deliveries are tentatively scheduled to begin in early 2022. Motorists who want to secure an early build slot still have time to send the company a $250 deposit.

Hybrid Technologies LLC increases Fisker bid to $55 million

Will more money equal more Karma? In the continuing fight over the assets of extended-range plug-in vehicle maker Fisker Automotive, a Hong Kong-based investor is ready to up the stakes. Hybrid Tech Holdings has announced it will increase its bid for the maker of the Karma to $55 million. A bankruptcy court judge recently ruled that Hybrid Tech couldn't use any more than $25 million of its Fisker debt for an on-credit bid for Fisker. Hybrid Tech bought Fisker's $193 million line of credit from the US Department of Energy for $25 million. "When other shareholders ceased support, Hybrid continued to provide the financing and working capital necessary to maintain momentum," the company said in a statement. "Hybrid is working to achieve a rapid relaunch of Fisker." AutoblogGreen asked Hybrid spokeswoman Megan Grant for more details, but she said, "The statement distributed ... is the only information I am able to provide at this time." You can read the full statement below. At this point, Hybrid Tech's offer would trump Wanxiang Group's bid of $25.8 million (plus assumed debt) that was issued in late December and then boosted to $35.7 million earlier this month. Fisker favors the Hybrid Tech bid because it believes Wanxiang, which acquired most of the assets of lithium-ion battery maker A123 Systems in 2012, helped speed up Fisker's shut-down by stopping battery deliveries. Fisker filed for bankruptcy in late 2012. The auction for the remains will be held in February. Statement by Hybrid LLC Today, Hybrid Tech Holdings, LLC ("Hybrid"), a Delaware limited liability company, announced that it has modified the terms of its bid for Fisker Automotive Holdings, Inc. ("Fisker"), to reflect a purchase price of US$55 million. Hybrid intends to utilize Fisker's existing plant in Delaware to meet consumer demand and address market conditions. "Hybrid's confidence in Fisker's future is strong and unwavering. The Hybrid group has been an investor in Fisker for many years. When other shareholders ceased support, Hybrid continued to provide the financing and working capital necessary to maintain momentum, as well as taking on the US$25 million risk of purchasing the Department of Energy loan. We did so for a simple reason; we believe deeply in Fisker's technology and we stand by the talent in the company who can bring the promise of this technology to life," said Hybrid spokeswoman Megan Grant.

Recharge Wrap-up: Fisker takes apart Finland assembly, Nissan Leaf sales in Europe expected to grow 25%

The Fisker Karma's Uusikaupunki, Finland production lines are being dismantled. The lines, operated by Valmet Automotive in the same plant that assembles the Mercedes-Benz A-Class, have been idle since Fisker's money woes brought them to a halt in 2012. Fisker, which has since been purchased by Wanxiang, and Valmet are still in talks over future collaboration. Read more at YLE. Nissan expects a double-digit percentage growth in Leaf sales in Europe in 2015. Nissan Europe's Jean-Pierre Diernaz puts that number at around 25 percent over 2014's record sales. Part of this is due to much lower prices than earlier model years, thanks to government incentives and lower production costs than earlier model years. Diernaz also said that the e-NV200 van will make up about 20 percent of Nissan's EV sales in Europe. Read more at Automotive News Europe. EV drivers pay less on average in taxes than gasoline vehicle drivers in every state except Virginia. Some states impose extra taxes and registration fees for EVs to make up for lost revenue from fuel taxes, but EV drivers still come out ahead, even when compared to high-mileage cars like the Toyota Prius. Even in Wisconsin - which might follow Colorado, Nebraska, North Carolina, Virginia and Washington in added EV fees - those who drive electric should fare better. Virginia, however, charges EV drivers an extra $114 annually across two added fees, while gas drivers would only get dinged about $35.10 in gas taxes in a 50-mpg car. Read more at Green Car Reports. Two hydrogen-powered electric bus prototypes will be deployed on a trial basis Hamburg, Germany. The Solaris articulated electric buses use fuel cell range extenders from Ballard. The buses were unveiled on December 18, and will go into operation in January 2015. The German government is funding the trial, and Hamburg aims to cease the purchase of diesel buses by 2020. The new-generation fuel cell system in the two Hamburg buses improve upon Ballard's previous design by using fewer parts and exhibiting less parasitic power loss from the integrated air compressor and coolant pump. Read more at Ballard's website. Featured Gallery 2012 Fisker Karma: Second Drive View 30 Photos Related Gallery 2013 Nissan Leaf View 55 Photos News Source: YLE, Automotive News Europe, Green Car Reports, BallardImage Credit: Copyright 2014 Drew Phillips / AOL Green Fisker Nissan Alternative Fuels Transportation Alternatives Electric Hydrogen Cars recharge wrapup