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Wanxiang wins bid for Fisker at $149.2 million

Fisker Automotive has been sold, ladies and gentlemen. According to Automotive News, Wanxiang from China won the company after a few tense days of bidding between it and Hybrid Tech Holdings from Hong Kong. The winning bid came in at $149.2 million, which, rather interestingly, is almost six times the amount Fisker itself sought to recover from bankruptcy. That bid includes $126.2 million in cash and $8 million in assumed liabilities, and it came after 19 rounds between Wanxiang and Hybrid Tech. Wanxiang also owns the company that supplies batteries, or at least would supply them if and when the Karma goes back on sale. While all this seems pretty official, it still needs to be approved by US Bankruptcy Judge Kevin Gross, who has scheduled a hearing on Feb. 18 in Wilmington, Del. Featured Gallery 2012 Fisker Karma: First Drive View 23 Photos News Source: Automotive News - sub. req. Government/Legal Green Fisker Electric Hybrid wanxiang

Fisker teases Ronin GT four-door before August 3 investor day

Fisker feels it's far enough along in the automaking process and has enough product in the near-term pipeline to hold an investor day. That will come on August 3. Whetting appetites, the CEO teased the Ronin GT that's been in the works for years. We believe this is an evolution of the Fisker EMotion that Fisker talked about in 2018, then a coupe with novel butterfly rear doors, a 400-mile estimated range, and a price around $129,000. What we're seeing now has come out of the Magic Works outpost set up in England and run by Aston Martin's former head of special projects David King. Henrik's caption with the Instagram tease was, "Fisker Ronin, All Electric super GT! Reveal August 3rd! Super fast & space for 5! The ultimate long distance Grand Touring car with an anticipated range of 600 miles!" This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. Fyi, that's 600 miles of range on the WLTP cycle. Plenty of distance still, although it's a small climb down from the targeted 660 miles of range we heard about in May 2022.  Fisker only calls this an electric grand tourer in the Insta post. On the Fisker site, the car is called "the world's first all-electric, four-door convertible, GT Sports Car." There's a shut line across the roof, placed where the absent B-pillar would otherwise make itself known. Another shutline separates the center panel from the C-pillar, just where one would expect a three-piece hardtop to separate so that it can fold into the trunk. Assuming this comes to pass, the Ronin will be the first and last entry in the four-door convertible GT market in the U.S., and the only genuine hardtop convertible on sale here (as opposed to the targa setups on cars like the Chevrolet Corvette and McLaren 750S).   In terms of specifications, all that's been announced is that the Ronin will offer "extremely high levels of performance" and serve as "a showcase for [Fisker's] internal engineering, powertrain and software capabilities." The vehicle battery's been integrated into the structure, and active aero is going to play a part. The company's promised to keep the price below $200,000.     Investor Day will also show the production Fisker Pear city vehicle, and we hear the Alaska pickup, based on the Ocean, might make a cameo. Fiskerati reports Fisker having said of the pickup, "that’s really our take on a very unique super sporty pickup truck.

New Fisker teases Karma's return

The Fisker Karma is poised to make a comeback – or at least the recently renamed Elux Karma is. The website for The New Fisker is now teasing the future model with sparse text and a shadowy image of the plug-in hybrid luxury sedan. An introduction is coming some time in April 2015. The text on the site certainly doesn't explain much. In four sections of the car it simply says "It's On," "Luxury Energized," "Energy Optimized" and "Introducing April 2015." Fisker owner Wanxiang is rumored to actually put the reborn Karma on sale in 2016, but under Elux branding and at a price around $135,000. Unnamed insiders already indicated the styling for the Elux was very similar to the original Fisker Karma, and this was in part because major changes would have required new safety testing. This teaser also suggests not to expect any big alterations – it appears nearly identical to the last models from 2012. Wanxiang bought Fisker for $149.2 million in early 2014 and initially hoped to have its version of the Karma on sale by early 2015. Related Video: