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Wanxiang reportedly interested in helping Fisker following A123 acquisition


Wanxiang Group said it wants to support Fisker Automotive as the struggling luxury plug-in hybrid manufacturer is the main customer of Wanxiang's A123 Systems battery maker. “It’s in our interest if we can help Fisker, in any way we could. They’re a customer so it will be in our best interest to support them, as a vendor or possibly in a ...
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Nissan begins U.S. assembly of the 2013 Leaf, introduces lower-priced version
Nissan announced it is introducing a lower-priced version of its Leaf EV as the company begins production of the car in Tennessee. For 2013, the world's largest seller of electric vehicles ...
Fisker Automotive: Senators question Fisker’s federal loan
Two Republicans from the U.S. Senate have asked the Obama administration to explain in detail why it approved a $529 million loan to startup Fisker Automotive. The letter questioned why Fisker ...
More layoffs at Fisker; plant ‘absolutely empty’
Electric car maker Fisker Automotive has laid off another dozen workers at its Newport-area factory. The News Journal of Wilmington, Del., reports the layoffs (12 more workers) occurred Friday. One of ...
Chrysler Refuses Government’s Loan
Chrysler refused U.S. Department of Energy loan to fund the development of gas-electric hybrids and electric vehicles, because the terms were very restrictive and would have negatively affected the company’s ...
Fisker Tries to Impress with Karma and get DOE Loan for Nina Sedan
Fisker Automotive Inc recently presented its new $100,000-plus Karma luxury electric car, trying to make a good impression less than a month after the start-up company ratcheted down sales projections ...
Fisker ramps up Karma deliveries
Fisker Automotive is accelerating deliveries of its $102,000 Karma sedan as the company aims to prove it deserved the federal loan received in 2009. The $529 million low-interest loan obtained by ...
Tesla Motors request more money from the Feds
With federal aid for green-tech start-ups under assault in Washington, Tesla Motors took to the webs last week touting how its $465 million federal loan had helped create hundreds of ...

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