German Investor Group Makes $25m Offer for Fisker
A consortium led by Hamburg lawyer Ingo Voigt has tabled a $25 million bid to acquire the insolvent US plug-in car maker Fisker, aiming to restart Karma production in America.
Coverage tagged Electric vehicles.
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A consortium led by Hamburg lawyer Ingo Voigt has tabled a $25 million bid to acquire the insolvent US plug-in car maker Fisker, aiming to restart Karma production in America.
The all-electric Tesla Model S achieved the highest possible safety score from the US National Highway Traffic Safety Administration following a series of crash tests in 2013.
Analysis shows plug-in hybrids and pure electric vehicles are now rivalling petrol models on total ownership cost, with battery prices dropping and sales rising through mid-2013.
Toyota was granted 1,491 US patents in 2012, outpacing all other car manufacturers as it ramped up research into safety, environmental and technology advances.
US-based Miles Electric Vehicles, known for its low-speed electric fleet vehicles, filed for Chapter 11 bankruptcy protection on 11 June 2013 after struggling with liabilities far exceeding its assets.
A123 Systems has secured final court approval for its bankruptcy reorganisation, clearing the way for Wanxiang’s acquisition and creditor repayments after months of uncertainty.
A Tesla Model S smashed through the front of a California restaurant in May 2013 when the driver reportedly pressed the accelerator instead of the brake.
Fisker Automotive told US lawmakers it may seek bankruptcy protection after failing to secure new investment, halting production and cutting most of its workforce.
The Viwa Concept, presented by Dongfeng Nissan at the 2013 Shanghai Motor Show, previews the Venucia brand’s approach to accessible electric mobility for the Chinese market.
Electric and hybrid vehicles took centre stage at the 15th Shanghai International Auto Show, with foreign brands outnumbering local entries in the new energy segment for the first time.
Mitsubishi has asked 4,000 owners of its electric and plug-in hybrid vehicles to stop charging their cars while it investigates two battery overheating incidents linked to its supplier.
Mitsubishi presented the all-electric CA-MiEV and hybrid GR-HEV concept vehicles at the 2013 Geneva Motor Show, previewing future directions for its electric and pickup ranges.
Mitsubishi has issued a worldwide recall of i-MiEV and MINICAB-MiEV electric vehicles, citing a brake booster pump issue affecting nearly 15,000 units.
Tesla’s Fremont, California facility is running at its current production limit, with Model S orders filling the 20,000-unit annual capacity and wait times stretching up to six months.
The 2013 Nissan Leaf, revealed at the Detroit Auto Show, features a new 6.6kW charger that cuts home charging time to around four hours.
Cadillac has released a last set of teaser images for the 2014 ELR plug-in hybrid coupe, confirming its public launch at the 2013 Detroit Motor Show.
Nissan will extend warranty coverage for battery capacity loss on 2011 and 2012 Leaf models in the US, following owner complaints about rapid battery degradation.
Nissan’s Smyrna plant in Tennessee has started manufacturing lithium-ion battery packs for the Leaf, supported by a $1.4bn federal loan and creating over 300 jobs.
Chevrolet’s Volt has again claimed the highest spot in Consumer Reports’ annual owner-satisfaction survey, outpacing rivals including Nissan’s Leaf and Toyota’s hybrid range.
The battery-powered Fiat 500e will be limited to the US market, with no plans for European sales, as the company focuses on regulatory compliance in California.
Daimler and Bosch have raised their joint venture’s electric engine production goal from 1 million to 2 million units by 2020, aiming to supply both Mercedes-Benz and other manufacturers.
The International Energy Agency projects the number of vehicles worldwide will reach 1.7 billion by 2035, driven mainly by rapid growth in China and India.
Tesla posted a third-quarter loss of $110.8 million while doubling Model S production, with the company missing its original 2012 output target despite surging demand.
Toyota has presented the Smart INSECT Concept in Japan, showcasing facial recognition, smartphone integration and a virtual agent as part of its connected city car vision.