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A new incarnation of Fisker will open 556,000-square-foot factory east of Los Angeles. We've reported extensively about Tesla Motors developing its massive Gigafactory in the hinterlands near Reno, Nevada. Now, reports are coming out that the most recent incarnation of Fisker Automotive will build...

June 21st 2015 at 8:59pm 0 Comments
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Fisker just can't catch a break. As if enduring the layoffs of three out of every four employees and the resignation of its founder wasn't unsettling enough, it's now come to light that the Department of Energy recently confiscated the company's $21 million reserve account in an attempt to recoup...

April 23rd 2013 at 1:07am 0 Comments
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Fisker's cash reserves have been in trouble ever since its Department of Energy loans were frozen, and now its putting its US workforce on furlough to keep money in the bank while it searches for a partner with deep pockets. "This is a common practice, particularly in the automotive industry, to m...

March 27th 2013 at 11:12pm 0 Comments
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Fisker Automotive founder Henrik Fisker has resigned from his post as the firm's executive chairman. An email said to be sent by Henrik cites several unspecified "major disagreements" with the company's executive management on business strategy as the primary reason for abandoning ship. Reports su...

March 14th 2013 at 12:34am 0 Comments
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People have gushed about the handling of the Fisker Karma, it's low, long and wide chassis said to provide amazing handling. But, the powertrain has certainly caused some... problems. So, VL Automotive (a small auto manufacturer backed by Bob Lutz, among others) did what felt right: kept that lusc...

January 14th 2013 at 3:38pm 0 Comments