2012 Fisker Karma on 2040-cars

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Wanxiang wants to restart Fisker Karma production as quickly as possible

It appears that Wanxiang America's $149.2-million acquisition bid was about more than just owning the assets of Fisker Automotive. The Chinese auto parts maker is apparently serious about getting the Karma plug-in hybrid luxury vehicle back on the production line. "We will want to get the Karma back online as quickly as possible." "We will want to get the Karma back online as quickly as possible," Pin Ni, president of Wanxiang America, told The Boston Globe. More details will likely be released by Wanxiang now that US Bankruptcy Judge Kevin Gross has officially approved the purchase. Gross was satisfied that the purchase price includes a 20-percent stake in Fisker for creditors valued at $15 million – something that was not addressed by the original bids from Wanxiang and Hong Kong-based Hybrid Tech Holdings. Wanxiang also owns the maker of the Karma's lithium battery pack, A123 Systems. Creditors were delighted to see Wanxiang's bid, according to attorney William Baldiga, whose law firm represented creditors. "The value is six times what [Fisker] said it was worth when it filed for bankruptcy," Baldiga said, describing the negotiations as "two and a half days of yelling, screaming, bidding." In documents that Wanxiang filed with the federal court in January, Wanxiang mentioned a three-phase plan: building a hatchback version of the Fisker Atlantic (pictured above); restarting production of the Karma at Valmet in Finland, the plant where all the Karmas have so far been built; and then moving production to VL Automotive's manufacturing facility in Michigan. That means Bob Lutz, ex-General Motors vice chairman, could come back into the picture. In the first part of 2013, Lutz and Wanxiang tried to purchase Fisker. Lutz has as ownership stake in VL Automotive and wants to put small-block Corvette V8 engines into Karma bodies, calling the resulting vehicle the Destino. Wanxiang has said VL is the "soul of Fisker," so now that the company has the body, the revival can't be far behind. Featured Gallery Fisker Atlantic: New York 2012 News Source: The Boston Globe Green Plants/Manufacturing Fisker Electric PHEV a123 systems wanxiang karma

Henrik Fisker reveals the face of his upcoming electric vehicle

Henrik Fisker, once again, took to Twitter to release another image of his new company's, Fisker Inc., 400-mile electric vehicle. This time, the Tweet revealed the front end of the upcoming car. The picture, which has the patina of old video game CGI, hints at a design more likely to be seen on a Matchbox car instead of an actual street-legal vehicle. According to Fisker, the front of the car is heavily influenced by aerodynamics. Besides the grille-less front end, a feature also found on the refreshed Tesla Model S, the vehicle is fitted with adaptive LED headlights, as well as a centrally-located radar and camera sensor combination. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. A few days ago, Fisker Tweeted out a side profile of the vehicle with its gorgeous dihedral doors. It was a promising tease for the rest of the design. But the reptilian front end looks doesn't really do anything for this writer. It's almost hard to believe that the same man that created this vehicle also designed the Aston Martin DB9 and Aston Martin V8 Vantage. The upcoming electric car from Fisker Inc. is meant to serve as a "spiritual successor" to the now-dead Fisker Karma (and resurrected as the Karma Revero). Other than revealing that the vehicle will have butterfly doors, Fisker stated the car will be "sporty and spacious" and not much else. The new car, which is expected to come out late next year, will be the first for Fisker Inc. and will have battery technology from the company's own division – Fisker Nanotech. Related Video: News Source: @FiskerOfficial Design/Style Green Fisker Electric Future Vehicles Sedan Henrik Fisker nanotech fisker inc

Fisker Ocean EV production to ramp up to 300 units a day in fourth quarter

Electric-vehicle startup Fisker said on Thursday it expects to increase the production of its Ocean sports utility vehicle to about 300 units a day in the fourth quarter from around 180 units. The company has a manufacturing tie-up with Canadian auto part supplier Magna International, which produces its vehicles for the European and North American markets. Vehicle deliveries are expected to accelerate in North America in September, CEO Henrik Fisker said. As of Sept. 4, Magna has manufactured 3,123 vehicles, with just under 3,000 handed over to Fisker, the company said, adding that more than 450 Fisker Oceans in the US have been either delivered to customers or are in the process of being delivered. Last month, Fisker cut its annual production target due to supply chain issues. That overshadowed a smaller-than-expected quarterly loss and its first revenue from deliveries of electric sport utility vehicles. Even as suppliers recovered from a "COVID hangover" to keep pace with Fisker's production ramp-up, one key supplier of a complicated part which needs specific skilled labor, is taking longer than expected, the company had said. Green Plants/Manufacturing Fisker Crossover Electric