SoylentNews

Fisker Relaunches Electric Car Effort

posted by martyb on Friday October 07 2016, @02:39PM   
from the charging-ahead dept.

Phoenix666 writes:

Former BMW designer Henrik Fisker announced plans Tuesday to relaunch his electric vehicle efforts three years after a bankruptcy with his venture that made high-priced cars popular with celebrities.

Fisker's effort aims to revive his rivalry with Tesla, promising a premium, all-electric successor to his 2012 Fisker Karma with "a patented battery that will deliver a significantly longer life and range than any battery currently on the market," a statement from the reconstituted company Fisker Inc. said.

The relaunch comes after a high-profile bankruptcy by Fisker Automotive, which received $192 million in US government loans and left $139 million of that unpaid.

[...] In addition, Fisker is developing a "mass-market, affordable electric vehicle that will retail for less than its competitors, but will feature a longer electric range," it added.

Now that the bigger car companies are getting into the electric vehicle (EV) market, has Fisker missed its window?

---

Original Submission

• Re:Government Accountability (Score: 5, Informative) by Anonymous Coward on Friday October 07 2016, @05:17PM

  by Anonymous Coward on Friday October 07 2016, @05:17PM (#411547)

  Not only that, we also don't hear about how:

  • The government intended to lose money because if they only invested in "safe" tech startups, then they wouldn't be doing anything to advance the market, just replacing banks.
  • The renewable energy fund that last money on Fisker and Solyndra is actually about $30M in the black [npr.org] and on track to earn $5B [bloomberg.com] over the first 20 years despite congress expecting it to lose $10B when they designed it.

  Parent

  Starting Score:	0		points
  Moderation		+5
  Insightful=1, Interesting=1, Informative=3, Total=5
  Extra 'Informative' Modifier		0
  Total Score:		5