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FISKER AUTOMOTIVE
Taiwan iPhone maker Foxconn sets its sights on ever more crowded EV marketFoxconn and other tech companies are venturing into the electric vehicle market, challenging traditional automakers like Nissan and Honda. ...
What are EV startups doing to ride out weak demand?Fisker filed for bankruptcy protection due to fundraising difficulties and weak demand for its Ocean electric SUV. Rivian, Lucid Group, and...
U.S. electric vehicle maker Fisker files for bankruptcyThe bankruptcy filing by U.S. electric vehicle maker Fisker comes after failed deal talks with a major automaker, resulting in the company ...
Tesla set to erase $50 billion in valuation after Musk's sales warningTesla tumbled nearly 9% on Thursday. Musk said growth would be "notably lower" as Tesla focuses on a cheaper, next-generation electric vehi...
Tesla tanks around 9%; CEO Musk's demand warning sparks selloff in EV stocksRivals including Rivian Automotive, Lucid Group and Fisker fell between 3.3% and 4.5%, while legacy automakers such as Ford were down aroun...
Foreign auto manufacturers in India step up manpower hunt in bid to drive expansionOverseas automobile and component makers in India are boosting their search for specialised talent in engineering, research and design and ...
EV startups burn through more cash as demand faltersEven market leader Tesla has warned of "turbulent times" and traditional automakers with deeper pockets including Ford Motor are losing mon...
Porsche to conquer waterways with its $655,000 electric speedboatThe boat will accommodate nine people, who can enjoy a swimming platform, sun lounge, premium sound system and refrigerator while on board....
Tesla's slowing sales, shrinking margins in focus in EV price warThe company's margins will be hit though as Tesla looks to squash competition from traditional automakers such as Ford Motor Co and unprofi...
Tesla's price cuts promise more pain for money-losing US EV startupsTesla's move last week to slash prices globally on its EVs by as much as 20% could draw new buyers to electric cars in the industry, but al...
Nvidia, Foxconn to build autonomous vehicle platformsTaiwanese contract manufacturer Foxconn said it will manufacture electronic control units (ECUs) for cars based on Nvidia's DRIVE Orin chip...
Is anyone actually making electric vehicles?It’s even tougher when costs to produce vehicles are surging. Manufacturers can’t get their hands on parts and sales have been underwhelmin...
Fisker Pear EV teased, production to start in Foxconn factory in 2024In a press release, Fisker and Foxconn said they expect to build a minimum of 250,000 Fisker PEAR units a year at the plant after a ramp up...
Carmakers shift up a gear in race to go electricThat follows a recent announcement that Daimler AG will take a 33% stake in battery cell manufacturer Automotive Cells Company (ACC), found...
No revenue is no problem in the 2020 stock marketThe remarkable thing about some of these SPAC-backed companies is they’re going public before they’ve generated their first revenues. These...
Change of plans: Henrik Fisker now working on a $40K electric SUVThe BMW designer earlier announced plans to produce an expensive electric sports car.
New research punctures electric cars' greenhouse gas claimsWhile electric cars are emission-free on the road, they still discharge a lot of the carbon dioxide just like conventional cars.
Aston Martin sued for $100 million over alleged plagiarism claimsDesigner Henrik Fisker has sued the automaker for threatening him from entering an auto show because his new design resembled the Aston Mar...
Henrik Fisker files $100 mn lawsuit against Aston Martin for Civil ExtortionHenrik Fisker has filed a $100 million lawsuit against automaker Aston Martin for Civil Extortion related to Aston Martin's threats.
- US automaker receives $528.7 million government loan
The Energy Department said Tuesday it would lend $528.7 million to Fisker from a $25 billion fund to develop fuel-efficient vehicles, makin...