Fisker To Come Out With Its Electric SUV, But Is The Company Serious About It?
Fisker has been as fickle as a cat with its products in the auto industry. For what it’s worth, the company comes up with some really nice concepts that garner a lot of attention. But the concept-to-production model ratio does not induce enough faith in the brand. Such is the company’s reputation that no one really takes Fisker that seriously anymore. Recently, Henrik Fisker tweeted a teaser image that looks like a pickup truck. With a lot of products already announced but none of them making it to production, should we even be excited about the Fisker pickup truck?
Fisker Bankrolls Development of New EV SUV With Talent From Toyota and VW
Less than a month since we saw the first previews of Fisker’s sort-of-affordable electric SUV, the company releases another preview and more information on the development process. Fisker is enlisting the help of a former Toyota and Volkswagen Manufacturing Executive to make the model a hit in a world that’s soon to be flooded by Rivians and NIOs, among others.
Fisker, the company that was once making outlandish sports cars on BMW or Mercedes-Benz underpinnings is no more. Henrik Fisker, the founder of Fisker Automotive, seemed unphased by the bankruptcy of his company by bouncing back in 2016 when he announced that he’s establishing Fisker Inc. Since then, Fisker unveiled an almighty yacht concept, a boxy electric shuttle, and an electric sedan called eMotion. Now, apparently, next in his sights in the compact SUV segment which he plans to tackle with a vehicle that should cost about $40,000.
Fisker Will Tap Into The ’Affordable’ EV Market Fray With An Electric SUV
Do you remember Henrik Fisker? He is the man behind the original Karma PHEV that drove Fisker Automotive into bankruptcy. However, Fisker has now announced a sub $40,000 SUV that will be one of the three mass-market cars that his company, Fisker Inc., plans to build in the near future. The automaker is aiming for a 300-mile range and is planning to launch this unnamed SUV in the second half of 2021. Will Mr. Fisker be able to secure a chunk of the market this time around?
Fisker’s Second Run Looks Promising Thanks to an Investment From Caterpillar for Solid-State Battery Technology
Competition in the all-electric passenger vehicle segment is heating up, and one of the major points of contention is battery technology. Lithium-ion packs are all the rage these days, but critical figures like range-per-charge and charge times are lagging compared to the internal combustion alternatives. However, technology development might soon turn the tables, and now, it looks as though Caterpillar is considering solid-state batteries as a possible investment for the future.
2019 Fisker EMotion
If you’ve never heard the name Fisker before, let me give you a brief summary. The name comes from Henrik Fisker, a Danish-born entrepreneur and automotive designer currently residing in Los Angeles. Mr. Fisker worked his pen designing such show stoppers as the Aston Martin DB9, BMW Z8, Galpin-Fisker Mustang Rocket, and VLF Force 1 V10, among others. In 2007, he founded Fisker Automotive, consequently unveiling the Fisker Karma hybrid sports sedan in 2011. Long story short, the Karma didn’t pan out all that great, and Fisker resigned as chairman of the company that bore his name in 2013. But that was then, and now, Fisker has a new automotive startup, and even a new model to go with it. It’s called the EMotion, and it’s framed as a luxurious all-electric four-door with quick performance, groundbreaking solid-state battery technology, and upwards of 400 miles of range per charge, not to mention supercar good looks and Level 4 self-driving capability.
The new firm is called Fisker Inc., and the EMotion will be the company’s very first offering. But it’s not easy to break into the premium EV segment, especially when you consider all the other companies out there vying to do exactly the same. Pair that with growing competition from all the established makes currently doubling down on electric vehicles, and you’re left with odds of success akin to an ice cube’s chance in Hades.
That said, Fisker is no novice in this space. Sure, the Karma didn’t exactly pan out they way it was intended, but when consider Fisker’s vast industry connections and knowledge, Fisker Inc. might actually have a shot at making it. Yes, it’s an extremely bold endeavor, and yes, the claims getting tossed around the EMotion smell a lot like vaporware. But hey – if that guy who made PayPal can do it, why not Fisker?
Updated 1/9/2018: Fisker just debuted the EMotion at CES 2018! Read on for all the details and new images.
Continue reading to learn more about the Fisker EMotion.
Fisker EMotion Prototype Revealed – Reservations Start At $2,000
Premium all-electric sports car fans, say hello to the latest four-door vying for your lust and adoration. It’s called the EMotion, and it comes from Henrik Fisker, the renowned auto designer who gave shape to rides like the Aston Martin DB9 and VLF Force 1 V10, among others. The EMotion is Fisker’s second attempt at creating an electrified performance machine, following the Karma hybrid sedan unveiled back in 2011. While attractive and technologically impressive, the Karma was a bit too complicated for its own good, resulting in the occasional parking lot fire and not much success. But now, the calendar says 2017, and the EMotion looks like a solid effort that could very well avoid the shortcomings of the Karma and redeem the Fisker nameplate.
Fisker revealed a picture of the official prototype model in a tweet, following up with a video on the Fisker website. The specs are impressive – up to 400 miles is possible between charge-ups, while just 9 minutes will yield as much as 125 miles, beating the Tesla Supercharger system by a wide margin (30 minutes for 170 miles). Thing is, our friends over at electrek report the EMotion will run on regular old lithium-ion batteries, rather than a graphene supercapacitor promised before, so we wouldn’t be surprised if those numbers changed, although the Fisker website is still claiming the figures above. Either way, Fisker is taking pre-orders now, asking $2,000 for a deposit. Pricing is set at $130,000. Tune in tomorrow for the official debut.
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Fisker Finally Moves On From The Mustache Grille!
As innovative and pioneering as the Fisker Karma was, most people probably remember it for having the strangest looking front grille in the auto industry. Sure, it wasn’t on the level of the Mitsuoka Orichi, but not a lot of people had anything flattering to say about that grille. But, it seems Fisker has learned its lesson; new teaser photos of the company’s EMotion electric sports car reveal a much more fluid-looking car that’s more in line with Henrik Fisker’s reputation as one of the best auto designers in the industry.
The teaser photos actually don’t reveal much of the whole car, but they did show some significant details that are, no doubt, worth mentioning. The “panther-looking” headlight set-up is there and the smaller front grille doesn’t steal too much attention away from the section’s overall design quite like how the old mustache grille became one of the enduring design characteristics of the Karma for all the wrong reasons. The front bumper of the car is also a lot more subdued than the one found in the concept while the pair of hood scopes are now located further back on the hood, just in front of the windshield. Based on the photos, you might even say that the EMotion bears some similarities to the Jaguar F-Type. We’ll only know for sure when the car makes its debut this coming August. For now, I think that the EMotion already looks better than the Karma ever did.
Henrik Fisker’s New Car to Offer Level 5 Autonomy
Fisker Inc’s return to the automotive scene has been met with plenty of curiosity, mostly centering around the first model the company is preparing. We don’t have much information about the car other than a few teasers released by Henrik Fisker himself, but now we may have the first significant feature of the model and it’s a doozy. According Car Buzz, Fisker Inc’s new pride and joy will not only boast electric power, it’s also getting fitted with Level 5 autonomy, making it a true direct competitor to the Tesla Model S.
The autonomous technology is reportedly going to be an optional feature, but Fisker is preparing the car to have the radar sensors come as standard with the help of suppliers Mobileye and Bosch. It’s still unclear how far along Fisker is in the development of the tech, but since it’s not going at it alone like Tesla is, the timetable will likely come down to how far along Mobileye and Bosch are in coming up with a usable system.
While autonomous driving will be one of the model’s most significant features, it’s far from the only one. According to Fisker, the four-door EV sedan will also feature “top performance and top level technology” as it relies on new graphene batteries that Fisker Nanotech is helping develop to get the numbers it needs to be competitive to the Model S. No mention was made on the power range of these new batteries, but given how Fisker identified Tesla’s flagship sedan as its main competition, it’s incumbent upon this new model to at least have an average of 500 horsepower.
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Fisker’s Second Teaser Reveals a Snarling Front End
Henrik Fisker’s new automotive venture, Fisker Inc., is close to unveiling its first product, and while details about the car are still being kept under wraps, Fisker has already taken to Twitter twice the past week to show teasers of the the yet-to-be-named model. The first teaser shows the side profile of the car and its defining feature, the butterfly doors. The second and more recent teaser is the photo you see above of the car’s front section. And for a lack of a better description, there are a lot of things in there that’s worth digesting.
It looks so busy that it’s hard to pick which part of the design to peruse first. So let’s start with the LED headlights, which, in addition to having a peculiar boomerang shape that extends to the massive wheel arches, are adaptive to the road ahead, or so Fisker says.
Speaking of the massive arches, they flank a low, swooping vented hood that the Fisker claims was intentionally designed that way to increase the car’s aerodynamic qualities. The absence of Fisker’s old “mustache grille” is a welcome addition to the car’s look and the front bumper has enough angles to it to make it look a tad too aggressive. Overall, it’s a unique look that borders on polarizing, especially if you’re not into the paradox of a design being too busy yet still having some untouched spaces in it.
It’s unlikely this is going to be the final design of the car, so it’s not fair to judge it from this teaser alone. But it is provocative, which might be what Fisker is going for in his attempt to make a splashy return to the auto industry. That much is apparent, as is the company’s claim that the EV sports sedan can go over 400 miles on a single charge.
But there are still so much we don’t know about the car so in the absence of any concrete details, let’s see what new teaser Henrik Fisker releases soon. Maybe the rear section?
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Henrik Fisker Teases New Car With Butterfly Doors
Earlier this month, Henrik Fisker announced that he was launching Fisker Inc – an all-new car company that will (hopefully) be more successful than the original Fisker Automotive that bankrupt years back. As part of the announcement, Fisker claimed that he was working on an all-new “luxury EV sedan” that will boast a 400-mile range and take on the Tesla Model S. There are also plans for a compact EV sedan to take on the Tesla Model 3. It’s really hard to take Fisker’s word for it considering the way his first car company failed so badly, but Fisker recently posted a teaser image on Twitter, and it looks like we should probably take the man seriously.
As is the usual case with teaser images, we can’t get the whole picture, but the car is boasting butterfly doors in the front and rear. The roof looks to slope downward fairly gently, similar to that of the new Porsche Panamera. Ahead of the front doors, there could be a small fender vent, but with the doors open and the picture shadowed it’s hard to tell – that could simply be the opening in the body for the front door. To the front, it looks like the front fascia is as dominating as the front wheel arches. There are two small wings on the fascia just ahead of the front wheels and an LED strip accenting the fenders.
Fisker claims that this new EV will be a “spiritual successor” to the Karma and from what we can see, that could be the case. The front and rear overhangs are a little shorter than that of the original Karma, but this car certainly has an elegant silhouette against that sunset. IT does look like the car will ride rather low to the ground and sport large wheels with thin tires. The rear taillights also look to come in LED form. Fisker claims that more will be announced next week, so stay tuned for updates.
Karma Automotive Set To Make Return With Renamed Model
Karma Automotive, the company once known as Fisker Automotive, is prepared to re-enter the automotive market with a new luxury electric car that it hopes to formally unveil in July or August 2016. The model has been dubbed the Revero and while it will look exactly the same as the car it is succeeding – the Fisker Karma – everything else about will be completely different. For instance, the Revero will make use of electric vehicle control and charging systems from BMW AG as part of an agreement to the sides reached in 2015.
Speaking with the Wall Street Journal, Karma’s chief marketing officer, Jim Taylor commented on the upcoming return of the company, which will now be under the ownership of Chinese auto parts company Wanxiang Group. The company decided to rename itself in part because it wanted to avoid any kind of association with its previous incarnation, which was forced to file for bankruptcy back in 2012 because of a flawed business model.
Other than the name of the company and the model itself, pretty much everything about Karma Automotive is different. For instance, production has been moved to California from Finland. The automaker currently has 500 employees, most of whom are located in Costa Mesa, California. It also has a new 556,000-square foot factory in Moreno Valley, also in California. Even the Rivero is being overhauled to become a more rounded model than the Fisker Karma ever was. According to Taylor, the Rivero will have “serious, major upgrades throughout the electronics systems, wiring, charging, battery.”
No mention of price was mentioned but Taylor did say that Karma plans to start taking orders for the Rivero shortly after its scheduled unveiling in July or August 2016. In the meantime, the automaker has put its attention on holding events for owners of the Fisker Karma and its engineers are providing service and system upgrades for the old models.
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Back in October, we reported that auto manufacturer Fisker had been acquired by the Wanxian Group out of China and that the Fisker name had been officially changed to Karma. At the time, there was no timetable for the release of a new model under the Karma brand name. We now know that Karma should launch its flagship, plug-in hybrid sometime in 2016, but there is even bigger news surrounding Karma and its launch of a new vehicle. I’ll give you a hint – it involves one of Germany’s best: BMW.
Just today, Karma dropped a press release announcing that BMW has agreed to supply the reborn auto manufacturer with its latest and greatest powertrain components. This includes BMW’s high voltage battery charging systems and a number of hybrid and EV systems. Karma’s CEO, Tom Corcoran said, “The Wanxiang Group is giving Karma Automotive the opportunity to bring a stunning car back to the market, and the partnership with BMW and their outstanding track record is a great fit for the future. We will continue to develop beautiful cars with the latest cutting edge hybrid and EV technology.”
Karma has said that the next generation of vehicles that is already being developed will use more of BMW’s powertrain technology, but at this time, we don’t know how much will go into the plug-in hybrid that is slated for release in 2016. Will using parts supplied by BMW help Karma be more successful than Fisker was in its day? Only time will tell, but one thing is for sure, throwing in some German engineering sure won’t hurt anything.
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There’s no denying that Henrik Fisker’s Thunderbolt Concept is a stunning take on the Aston Martin Vanquish, but it’s also not hard to see how similar this design study looked to the actual car it was based upon. Aston Martin saw the similarities, too, and filed a lawsuit against Fisker for trademark infringements, but now it now seems that cooler heads have prevailed in this matter and the issue has been resolved.
Both parties released a joint statement that says Aston Martin has dropped its lawsuit in exchange for Fisker agreeing to not produce the Thunderbolt. When the car debuted, Fisker had said that the car would be sold in limited numbers through Galpin Motors in L.A. Galpin and Fisker teamed up to create the Ford Mustang Rocket at last year’s SEMA Show, but Ford obviously took less offense to that project than Aston Martin did to the Thunderbolt.
The good news is that this didn’t turn into a lengthy or ugly court case. Fisker unveiled the Thunderbolt Concept at the 2015 Amelia Island Concours d’Elegance on March 14, and Aston Martin filed its lawsuit on March 26.
Continue reading to learn more about the Fisker/Aston lawsuit.
The last time we checked in on Fisker, it had fallen short of its $150 million fundraising goal by about $50 million, but said that was plenty to help fund the development of the upcoming Atlantic sedan. Just recently, Fisker had an investor meeting and it had a little bit of bad news, per reports, as the Atlantic’s pre-production may not start until 2014. The anticipated timeline for the Atlantic was a 2013 startup, so this would place it about two years late to the party.
There are no reports as to why production is being delayed, but it is likely either a delay in getting the former GM plant that it purchased up to date for production or choosing an overseas assembly site. Once production gets rolling, Fisker will be adding over 1,000 jobs – hopefully to the U.S. market – plus it’ll be able to use this opportunity to put some of the Karma issues behind it. One issue that will certainly be resolved is the Karma’s high price, as according to the report, the Atlantic will come in at a relatively affordable $55,000 base price.
Also outlined in the presentation is the fact that Fisker is looking to partner up with other automakers to spread the Atlantic’s platform to other makes. That really comes as no surprise because that was already rumored, but now we have a little confirmation.
We are due to have a sit down with Fisker reps soon and this information will certainly be added onto the list of topics that we will cover.
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.
It’s no secret that Fisker has been walking a financial tightrope without a net, ever since the Department of Energy froze the $529 million loan to the hybrid car company. Now it appears as if they are hitting the bottom of the piggy bank, as Ray Lane, one of Fisker’s directors and managing partners, has released in an interview that they need more money to finance their next car.
According to reports, Fisker has raised an impressive $400 million in the last 12 months, but still needs an additional $150 million to help fund its next model and hit the breakeven point. This is likely not even the last of the fundraising, as Lane also alluded to the possibility of Fisker having to schmooze investors for a little more money in 2013.
After the company is no longer running at an operating loss, Lane also anticipates the company releasing an initial public offering, making Fisker a publicly traded company. If recent IPOs are any indication of the future IPO market (See: Facebook, et al) Fisker may want to rethink that plan.
We are excited to see Fisker’s next model, despite its combustion issues, but it may want to slow its roll just a little bit and focus on making the Karma a profitable venture prior to branching out, much like Tesla is doing. We guess we’ll see how this all pans out in the future, but we think Fisker’s trying to run the 400-meter hurdles before it can even walk.
Fisker took years to have the Karma set and ready for production and now the company is rolling out new models at the Frankfurt Motor Show?
Sounds a little ambitious in our book, but the company is reportedly looking at introducing a host of new models in the coming years. One of the first models expected to be revealed is a crossover concept that’s scheduled to be introduced at the Frankfurt Motor Show next month.
We like the aggressive direction Fisker is taking after the long-awaited release of the Karma sports car, but the plethora of new models on tap in the coming years makes us think that these guys may be in over their heads. In addition to the crossover, Fisker is expected to introduce the soon-to-be released Karma saloon, a hard-top convertible version called the Karma S, a four-wheel-drive version of the Karma, and a new ’Nina’ model. We want to be wrong on this because we love what Henrik Fisker did with the Karma, but it just feels like they’re biting off more than they can chew.
Honestly, we thought the day would never come, as delay after delay held back the gorgeously styled plug-in hybrid sports car that is the Fisker Karma. While the car itself isn’t ready to be sold, the online configurator is ready.
We finally got our first glimpse at the production version of the Karma at the 2010 Paris Motor Show and it doesn’t look half bad. Those who say that you can’t have fun driving a hybrid will need to get a load of this. The Karma will be able to hit 60 miles per hour in under six seconds, yet still manage 100 miles per gallon.
When you log onto the configurator you will be able to see the different color options and the three trim levels. Buyers can choose from the Standard, Chic, and Sport. If you opt for the base model you will get two color options, but if you go for the top of the line model you can get five more. If you really want to go out of the ballpark, the Chic model offers a color called Earth. We assume it’s a mixture of white, blue, green, and brown.