Fisker Automotive, the struggling maker of hybrid sports cars, is considering ?detailed proposals? from several potential investment partners.
The US-based company behind the $110,000 Karma plug-in hybrid sports car has previously said it needs around $500m in order to launch a second, less expensive model ? the Atlantic ? a $55,000, four-door rechargeable sports sedan that Fisker sees as having a broader market.
However, as NewNet reported last month, Fisker Automotive has been seeking investors in order to save the struggling electric vehicle company.
The company ran into issues when work on the Atlantic stopped after the federal government froze a Department of Energy loan to the company after delays with the introduction of the Karma. Fisker had drawn down around $192m of the $529m loan.
Further issues came with the bankruptcy of A123 ? the battery-maker for the Karma.
Luckily for Fisker, it has built up an inventory of cars prior to A123?s bankruptcy, and its cars are still for sale at dealerships in the US and Europe.
Potential partners for Fisker include Geely Auto, the Chinese company that owns Volvo, and Wanxiang Group, another Chinese company which recently purchased battery maker A123 Systems when it was on the brink of bankruptcy.
In a statement, the company said, ?We can only confirm that the company has received detailed proposals from multiple parties in different continents.?
Continuing, it said the proposals, ?are now being evaluated by the company and its advisers?.
Copyright ? 2013 NewNet
Tags: car, electric, Fisker, Fisker Automotive, renewable, sustainable, transport
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