Baua Electric
MAY 4, 2024
Auto parts suppliers have been struggling with lower-than-expected demand for their EV components, as carmakers shift their focus toward producing affordable hybrid vehicles instead. The Aurora, Ontario-based company also recorded asset impairments and restructuring costs of USD 316 million related to troubled EV startup Fisker.
Green Car Congress
JANUARY 19, 2010
Fisker Automotive last week secured access to an additional $115.3 This funding is necessary for Fisker Automotive to access a $528.7 million US Department of Energy conditional loan that will, in part, help speed completion of the Fisker Karma, the company’s first plug-in hybrid. A123 is also investing $23 million in Fisker.
Green Car Reports
AUGUST 23, 2011
The electric auto industry -- more than the conventional auto industry -- is an extremely volatile and competitive place.
Green Car Congress
APRIL 3, 2014
US Secretary of Energy Ernest Moniz today highlighted improvements to the Advanced Technology Vehicles Manufacturing (ATVM) Loan Program at the Motor & Equipment Manufacturers Association (MEMA) Legislative Summit. The LPO made a total of 5 awards; the other four were: $529 million to Fisker (discontinued).
Clean Fleet Report
NOVEMBER 23, 2021
The production-ready 2023 Fisker Ocean debuted at the 2021 Los Angeles Auto Show to an interested group of industry insiders and journalists. Henrik Fisker revealed his plans to shake-up the electric SUV category with the all-new, all-electric Ocean. Fisker Ocean One (Launch Edition: 5,000 Units). All-wheel drive.
Qnovo
MARCH 2, 2021
At a market capitalization exceeding $700 billion, Tesla enjoys a unique financial position among all auto manufacturers to expand its investments in electric vehicles and infrastructure. We are in the midst of deep disruption to the auto industry. The entire supply chain feels the pressure to adapt to electrification.
Green Car Congress
JANUARY 22, 2010
The US Department of Energy has closed its $465 million loan with Tesla Motors, Inc. The Palo Alto facility will assemble electric vehicle battery packs, electric motors, and related electric vehicle control equipment, both for Tesla’s own electric vehicles and for sale to other automobile manufacturers. billion to Ford Motor Company.
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