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This is the Fisker EMotion

Here's our first official glimpse at the Fisker EMotion. It's sleek, for sure, and it definitely has a whiff of past and current electric vehicle design, including Fisker's previous range-extended Karma (now known as the Karma Revero) and the Tesla Model S and upcoming Model 3. Some of the similarities between all EVs are due to their aerodynamic shapes. And unlike most other EVs, though, the EMotion has butterfly doors. Fisker unveiled the EMotion via Twitter, and he says it will have a range of 400 or more miles and can recharge in as little as nine minutes – but that'll definitely depend on what kind of equipment its owner is charging with. It'll also be autonomous, according to Fisker, helped by the big LIDAR sensor built into its chrome front beak. Just what level of autonomous we're talking about remains to be seen. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. So far, we like what we see from Fisker. And, if the designer-entrepreneur manages to put this thing into production, we look forward to seeing it on the road. Related Video:

Fisker officially goes public, on track for 2022 production

Fisker has officially gone public, trading on the New York Stock Exchange under "FSR" as of Friday, the company announced this week. It was taken public as part of a merger/acquisition by Spartan Energy Acquisition Corp. "All the external pieces are now in place to execute our unique, asset-light business strategy, with today’s funding and the strategic cooperation announced with Magna on Oct. 15," said Fisker Chairman and Chief Executive Officer, Henrik Fisker, in the company's announcement. "We can now fully turn our attention to developing and launching the revolutionary, all-electric Fisker Ocean into the heart of the midsize SUV market, expected to commence in Q4 2022. We appreciate the confidence from all our shareholders and intend to deliver on our stated goals." Fisker announced last week that auto supplier Magna will provide the vehicle platform and build the electric carmaker's Ocean SUV. As part of the deal, Magna will receive warrants to purchase a stake of up to 6% in Fisker, giving the EV maker an overall valuation of about $3 billion, Fisker Chief Executive Henrik Fisker told Reuters. "As a result of the completion of the transaction, Fisker expects to have in excess of $1.0 billion (net of transaction fees and expenses) of cash on the balance sheet and no funded debt. This amount is expected to fully fund Fisker operations and the development of the Fisker Ocean program through the planned start of production in Q4 2022." Fisker, which is merging with Spartan Energy Acquisition Corp, said it had finalized a deal with Canada's Magna to build the Ocean in Europe, marking the Canadian supplier's first entry into contract manufacturing for an EV startup. While Magna has built vehicles for traditional automakers for years, analysts and investors have speculated it could eventually build for technology companies like Apple. Fisker stock was up more than 10% in its first day of trading (as of publication time). This article contains reporting by Reuters. Related Video:

Fisker bankruptcy auction scheduled for February 12

Will the long, twisted tale of Fisker Automotive and it bankruptcy assets finally end on February 12? It might, because that's the date a bankruptcy court has now set for an auction to let the bidders decide who will take home the plug-in automaker's goods. The auction will be held at the law offices of Kirkland & Ellis in New York, according to a new report in Reuters. As we know, China's Wanxiang Group and Hybrid Tech Holdings are the two companies who are most vocal in their desire for Fisker. After an initial bid of around $25 million, Hybrid Tech is now ready to start the bidding on the 12th at $55 million and basically called itself Fisker's best friend during this troubling time in a recent statement. The controllers of the Fisker assets say they prefer Hybrid Tech's bid to Wanxiang's. Fisker stopped making the plug-in hybrid Karma in late 2012 and filed for Chapter 11 bankruptcy last year. Fisker's assets were supposed to be sold to Hybrid Tech Holdings in early January, but a last-minute stalking horse bid by Wanxiang set in motion the series of events that will lead to the auction next month.