2023 Fisker Ocean One Sport Utility 4d on 2040-cars

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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.

Fisker creditors want a repayment do-over

In February, the Chinese company Wanxiang won control of Fisker Automotive at a bankruptcy auction for a final bid of $149.2 million. The sale meant that Wanxiang would now have to deal with all of the creditors claiming that Fisker owed them money. Those individuals and groups had a combined $1 billion in claims, and they're not happy with how the bankruptcy is shaking out. In April, a settlement was announced that would see those unsecured creditors get back pennies on the dollar. The unsecured creditors are telling the bankruptcy court that they want the judge to take away control of the bankruptcy proceedings from Fisker and implement a new repayment plan. The request was filed by a committee representing the creditors, which said it could have the new plan submitted in a matter of days, if the judge agrees with the request. The committee says there are "unreasonable demands" in the current repayment plan, such as a big paycheck for Fisker's chief restructuring officer, worth $750,000. If the judge allows the unsecured creditors to file a new plan, it will result in the "best possible outcome," the filing said. We admit we're feeling a bit confused and dragged along by the Fisker bankruptcy proceedings. And we're quite sure that the new owners have got to be fed up as well, since they're likely to be in a bit of a time crunch if the company's really going to re-start Karma production next year.

Fisker Pear interior teased, shows airy, minimal cabin

Henrik Fisker is back on Instagram, this time with his Pear. The CEO teased the interior of the coming compact electric vehicle that will double Fisker Automotive's lineup after the Ocean goes on sale later this year. The Pear, an acronym for Personal Electric Automotive Revolution, wants to melt the hearts and open the wallets of city dwellers looking for minimalist urban transport with elevated design at minimal cost. Based on the interior rendering, such buyers will get a good look at their cities out of the Pear thanks to tall, wraparound windows. The curved A-pillar intrigues us. Aerodynamic necessity has made EV windshields terrifically narrow because they're raked so steeply, and the tops of instrument panels shockingly lengthy. An upright-looking windshield on a curt IP would be a novelty in an EV. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. Elsewhere, there's the SolarSky panoramic roof that's expected to contribute to range. The Pear could drop the Ocean's second gauge cluster screen, putting everything on the central infotainment monitor held aloft from the dash. There seems to be heaps of ambient lighting, notably on the declining forward edge of the center tunnel. It's all simple and bold. What we can't see is the "Houdini trunk" behind the back bench, claimed to be a new concept in storage that will "offer a new level of storage for its segment." We could begin to find out how this looks in real life later this year. Fisker said prototypes might hit the road ahead of schedule, before 2022 is out. The retail version isn't slated for production until 2024 at this point, in the Lordstown, Ohio plant that Foxconn owns. When that happens, we've been promised two battery sizes powering single- and dual-motor powertrains. The larger battery is called the Hyper Range unit, aiming at more than 300 miles on a charge. Fisker's caption said, "We are currently working full speed on re-defining how to make an inexpensive car. Reducing parts, make them simpler." If all goes to plan, the entry-level version will cost $29,000 before incentives. That's a shockingly low price right now, never mind in two years. The company says it as 3,200 reservations so far for the Pear, and more than 50,000 for the Ocean. Related video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.