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IPFS News Link • Transportation

China's Hunger For Electric Cars May Mean A Second Chance For Fisker

• Business Insider
 

Fortunately for the ailing Tesla rival, help is on the way, as Reuters reports, in the form of an offer from ex-General Motors executive Bob Lutz and China’s largest maker of auto parts, Wanxiang Group.

If accepted, it would be the latest in a series of deals showing increased Chinese corporate interest in next-generation cars.

Fisker, which was launched during the clean tech boom years, inspired many in its short but illustrious history. That includes the US Department of Energy, which once believed in Fisker enough to lend it $529 million.




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