article thumbnail

Autonomy orders 23,000 EVs from 17 automakers; $1.2B order covers 45 EV models

Green Car Congress

of the projected US electric vehicle production through the end of 2023 and was designed to fit into the forecast production envelopes of each automaker. of the projected US electric vehicle production through the end of 2023 and was designed to fit into the forecast production envelopes of each automaker.

Fleet 482
article thumbnail

Fisker Automotive names Tony Posawatz, former head of Volt program, as new CEO

Green Car Congress

Fisker Automotive named former GM’er Tony Posawatz as its new CEO. Posawatz has consistently been recognized as an industry leader in product innovation and electrified vehicles and served as Chairman of the Board for the Electric Drive Transportation Association (EDTA). Tony is the perfect CEO for Fisker.

Fisker 225
article thumbnail

Fisker Automotive to Buy Shuttered GM Assembly Plant for Project NINA Production

Green Car Congress

Fisker Automotive has selected the GM Wilmington Assembly plant in Wilmington, Delaware for production for Project NINA, the development and build of a family-oriented plug-in hybrid sedan costing about $39,900 after federal tax credits. Fisker Automotive has signed a letter of intent with Motors Liquidation Co.

Fisker 186
article thumbnail

Rivian R1T spotted in Europe, hinting at third-party production help

Teslarati

With considerable manufacturing headwinds , which have significantly limited Rivian’s production ramp, some believe Rivian is reaching out for third-party help. With high aspirations of a production overhaul this year and next, along with an all-new vehicle design, this aid could be critical to the automaker’s plans.

Europe 98
article thumbnail

DOE Closes $529M Loan to Fisker Automotive

Green Car Congress

million loan with Fisker Automotive for the development and production of two lines of plug-in hybrid electric vehicles (PHEV). million loan to Fisker in September 2009. When full production is reached in 2015, Fisker estimates annual sales at up to 115,000 vehicles. The US Department of Energy (DOE) closed a $528.7

Fisker 186
article thumbnail

Fisker To Open California Plant, No Date Yet For Electric Car Production To Resume

Green Car Reports

While all 2012 Fisker Karma extended-range electric luxury sedans were built in Finland, the company always intended to assemble cars in the U.S. Before its collapse and bankruptcy, Fisker had bought a former General Motors plant in Delaware.

Fisker 60
article thumbnail

Rivian CEO stands firm, ‘flagship’ pricing strategy isn’t going anywhere

Teslarati

While competitors Lucid and Fisker announced dramatic falls in revenue and fleeting cash reserves, Rivian beat earnings expectations and demonstrated a solid ability to continue to lower operating costs, helping to maintain the company’s massive cash reserves. Rivian bucked the EV startup industry earnings trend earlier this week.

Price 99