Fresh from managing to nickel and dime an extra $100 million from private investors, Fisker is all but admitting that it needs more help – significantly more. In a rcent interview, Fisker let the cat out of the proverbial bag that it is currently looking to ink some partnership deals with larger manufacturers.
Though there is no mention of who Fisker may be looking to partner up with, its CEO-for-the-moment, Tony Posawatz, said that a partnership is “on our radar screen.” Chances are it will be looking for deals similar to the ones that Tesla has entered into with Daimler and Toyota . The real question is who would be interested in tying themselves to Fisker at this point in the game?
With the financial, quality, and safety issues that Fisker has endured lately, it may be more of a burden than it’s worth. This is almost the identical reason that no one is interested in Lotus to date; it’s just too risky of a venture.
Fisker may be willing to sweet the pot on a potential deal by covering more production costs or giving up partial ownership to help draw in an industry leader, like acquisition-happy Volkswagen , in order to get some much-needed cash flow. As it stands right now, Fisker needs help and a partnership may be its only way to survive.
We’ll keep an eye on this to see if Fisker can convince a fellow automaker to take a risk by inking a production deal of some sort.