2023 Fisker Ocean on 2040-cars

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Wanxiang approved to build new Karma, Atlantic EVs in China

Ever since buying the remnants of Fisker back in 2014, Wanxiang's plan has always included building new vehicles in China. We're one step closer to that, with the approval this month of Wanxiang's request to build electric vehicles in the country. The National Development and Reform Commission (NDRC) says Wanxiang can build a new factory that can make up to 50,000 EVs a year. As we noted back in August, the new Karma Automotive factory will not only build the revived model that used to be known as the Fisker Karma (now the Karma Revero) but also the never-made Atlantic. The Atlantic did exist in concept form in 2012, but Wanxiang's new factory might make it real. This makes sense, since the Valmet machines that built the Karma the first time around have been shipped from Finland to California for Wanxiang's new plant there. When Wanxiang relaunched the Karma website in 2014, it did so with the slogan, "Hello Future. Meet the Atlantic." Maybe it should have said, "Hello China," instead. Related Video: Featured Gallery Fisker Atlantic News Source: Reuters Government/Legal Green Plants/Manufacturing Fisker Electric Hybrid wanxiang karma revero

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

Aston Martin drops Fisker lawsuit, Thunderbolt will not be produced

If you were perhaps looking forward to getting your hands on one of Henrik Fisker's Project Thunderbolt cars, you're out of luck. In order to quickly resolve a lawsuit from Aston Martin, Fisker has agreed to not produce his one-off take on the Vanquish coupe. Fisker made a splash at this year's Amelia Island Concours d'Elegance when he showed Project Thunderbolt. It was Henrik's own take on the already pretty Aston Martin Vanquish coupe, and apparently, the guys and gals in Gaydon didn't take too kindly to Fisker's creation, issuing a lawsuit that "centres on Henrik Fisker's creation and promotion of automobiles that Aston Martin contends infringes Aston Martin's rights, by an improper and unauthorised attempt to exploit and free-ride off them," according to a statement obtained by Autoblog last month. In a new statement issued Wednesday, the two parties have agreed to resolve their differences. Aston Martin has agreed to drop the lawsuit so long as Fisker does not produce his Project Thunderbolt coupe. So, sorry, Fisker fans. The official statement is pasted below. On March 26, 2015, Aston Martin filed a lawsuit against Henrik Fisker and other parties alleging various infringements by "Project Thunderbolt" of Aston Martin's intellectual property rights. The parties are pleased to report that they have been able to swiftly and amicably resolve their differences. The terms of the resolution are confidential except that the Parties wish to confirm 3 points: 1. Henrik Fisker has decided that "Project Thunderbolt" will not be produced; 2. Aston Martin will withdraw the lawsuit; and 3. In view of some apparent misunderstandings surrounding reports of the case, the Parties wish to expressly confirm that the contentions made by AML were those, and only those, made in the lawsuit. The Parties confirm that that they have amicably resolved those matters, as well as any attendant misunderstandings. The Parties will not be commenting further.