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.
The Fisker eMotion Has a Beautiful Interior
The Fisker eMotion’s debut at the Consumer Electronics Show caught a few people by surprise. The debut itself was expected, but the features in the car were more than what most people thought they’d be. The eMotion’s interior is a good example of that. In a word, it’s beautiful. That doesn’t come as a shock to those who know Henrik Fisker’s work, but in some ways, the legendary auto designer seems to have outdone himself this time.
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 Debuts with 24-inch Wheels, 400-Mile Range, and Level 4 Autonomous Capability
The Fisker eMotion has officially spread its wings at the Consumer Electronics Show. Henrik Fisker’s latest pièce de résistance is every bit the car we expected it to be. It’s sharp as a tack, has aero bits for days, and carries what can only be described as one of the funkiest door configurations of any car we’ve seen in recent memory. If you thought the Tesla Model X’s falcon doors were treats for the senses, prepare yourselves for what the eMotion has to offer.
The Fisker EMotion Is A Four-Door Lamborghini with Butterfly Doors
It’s been around seven years since the Fisker Karma was a still a thing, and Henrik Fisker appears to be back in business with another company. With Fisker Automotive bankrupt since 2013 and the Fisker Karma revived by a Chinese company under a different name, Henrik founded Fisker Inc. in 2016 and set out to develop an all-electric sports car. Less than two years have passed since then, and Fisker unveiled his first automobile in years. It’s called the EMotion, it’s gorgeous to look at, and it has the coolest set of four doors ever created.
Fisker eMotion Heads To CES 2018 With Solid-State Battery And Fast Charging
When it comes to automotive technology and the Consumer Electronics Show, anything and all things battery related is obviously quite the hot topic. This year is no different, and Fisker is looking to make a splash thanks to its new solid-state battery and fast charging on the soon-to-be-revealed eMotion sedan, as teased in a series of Tweets from the man himself, Mr. Henrik Fisker.
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Merry Christmas: Henrik Fisker Teases the EMotion’s Interior Just Weeks Before CES Debut
It’s been a long time coming, but the Fisker Emotion looks like it’ll be the best thing created since toilet paper… or… uh, at least since the Tesla Model S, anyway. Looking at the important bits – it could use Fisker’s new battery, so it’ll have 500 miles of range, it’s gorgeous, and is said to offer level 5 autonomy. Butterfly doors are also standard because, well, Fisker. But, the one thing we haven’t had the chance to lay eyes on yet is the interior, but that’s soon about the change as Fisker gears up for a full review at CES in January. And, before that happens, the man has decided to release a sketch showing off a basic design concept with a massive color palette followed by a shot of a door trim panel being wrapped in leather. Let’s check ‘em out…
Fisker’s New Battery Patent Promises 500-Mile Range; One-Minute Charging
Fisker, the company that has worked diligently to bring about a dead-to-rights Tesla Model S fighter, has just announced a new battery patent that promises a new technology capable of ranges exceeding 500 miles and one-minute recharging. Let me say that again: One-minute recharging.
Details are still rather thin at this point, but we have learned that Fisker’s new power storage technology will allow the company to build solid-state batteries with lots of surface area in comparison to the current thin-film solid-state electrodes currently in development and use. This ultimately means better conductivity below the shell which, in turn, makes for a battery that works better in cold weather and charges faster. Keep in mind; this is why lithium-ion batteries are the go-to right now for EVs – the current capabilities of solid-state batteries are insufficient and low conductivity levels is a primary cause of this. So, if what Fisker is saying is true, the company could have just solved a very big problem and could, very well, usher in the next generation of battery technology.
Of course, Fisker isn’t the only company gunning for solid-state batteries, and Toyota has even promised its battery would be put to use in electric cars by 2022, just two years sooner than what Fisker claims it can do. Then again, Toyota hasn’t proved its technology, so it still has the same burden that has now be thrust onto Fisker’s shoulders as well. It’s obviously an arms race in which the winner will reign supreme in the EV world. In the end, Fisker if lofting out claims for density 2.5 times that of current lithium-ion batters, which means these babies could charge in minutes and offer up ranges of 500 miles. Just think, you can pull into a “gas station” and by the time you make up your hot dogs, buy a beverage, and take a leak, you’re EV is good for another 500 miles. Range Anxiety? Not in this future. The question now is: Who’s going to deliver on these lofty promises first?
Toyota still has a few years, and the man behind Fisker isn’t exactly working with a full deck of successful resumes either. He hasn’t exactly been the most successful cat on the street, and he promises an advanced battery in the Emotion just to retract his claims. But, for EVs to be truly successful, this is the kind of technology we need, and if we’re really this close – Toyota claims 2022 and Fisker 2024 – we’ll certainly be seeing it happen in most of our lifetimes. And, once that technology is there, there isn’t really a need for the ICE anymore either now is there?
Have something on your mind? Let us know in the comments section below. We’re curious as to what you think about these hefty claims.
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.
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?
Continue after the jump to read the full story.
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.
Continue after the jump to read the full story.
Fisker was a small automotive manufacturer that debuted its first and only model at the 2008 North American International Auto Show. That model, known as the Fisker Karma, was one of the first plug-in hybrid vehicles that actually made it into production. The company eventually fell into financial struggles, and after filing for bankruptcy, was purchased by the Wanxian Group – a massive auto-parts supplier out of China. Under new ownership, Frisker is now slated for revival, but its name has officially been changed to Karma Automotive – clearly in tribute to its original production model.
Karma’s Chief Marketing Office, James Taylor, says that the new name is relevant to the old and new brand, plus it exhibits the companies focus and purpose. “Karma is based on the principle of cause and effect, where your actions create your future. This awareness of what we are doing and why we are doing it—which we characterize as acting with intention—is what we stand for, it’s authentic.” According to the recent press release, Karma’s new management team has attracted world-class expertise and talent.
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Fisker is still probably a long way off from building new cars anytime soon (if ever), but to avoid hanging Karma owners out to dry with no warranties, the company announced a new customer service program that will provide OEM parts and continued maintenance services. Current owners are covered for repairs costing up to $2,000, while original owners get another $2,000 for parts and $1,000 for labor. Service centers have been established at existing Fisker dealers in most major cities across the country.
Between the two most well known American-based electric car start-up companies, Fisker definitely came out on the losing end. The company founded by former Aston Martin designer Henrik Fisker declared bankruptcy in 2013 as a result of supply chain problems and recalls. China’s Wanxiang Group purchased the Fisker brand and its assets in 2014, and aside from a possible name change to Elux, that’s pretty much the last we’ve heard of the company.
Continue reading to learn more about Fisker’s latest customer support program.
Tesla is making headlines left and right these days, but a few years ago, when Tesla was first born, there was a second budding American car company that also wanted to make its mark on the electric car market, Fisker.
Born from the brain of the legendary automotive designer Henrik Fisker, the man that helped bring us the Aston Martin DB9, Fisker Automotive was created to meld the sex and excitement of the automobile with building materials and drivetrains that were far more ecologically conscious. The result was a stunning machine named the Karma, which used an EV drivetrain with a gasoline range extender, similar to the Chevrolet Volt and BMW i3. Sadly in 2013, just two years after production started, the company filed for bankruptcy.
Since the bankruptcy, a Chinese parts company called the Wanxiang Group snapped up Fisker, and now Reuters is reporting that the automaker will be reborn under the name Elux.
Continue reading to learn more about Fisker’s future plans.
Fisker Automotive had a pretty bad 2013 and saying that feels like a massive understatement. But from the ashes of bankruptcy, the company has been brought back to life by the deep pockets of Chinese auto-parts company Wanxiang. Things are definitely looking much better now for Fisker, or whatever it’s new name is going to be if, as is being reported, the new bosses at the company decide to completely build under a new company name.
Speaking to the OC Register, newly appointed Fisker interim president Roger Brown, a managing partner at Nashville-based Summit Strategic Investments who has worked with Wanxiang for years, has been coy on whether the company will be rebranded under a different name. Brown points out that whatever name it goes by moving forward, the cars have been and will always be the "rock stars."
On that end, Brown expressed confidence that the Karma luxury hybrid will be relaunched in 2015 without the multitude of problems that plagued its previous incarnation and ultimately led to the company’s bankruptcy. In addition to the Karma, Wanxiang is also looking at jump-starting the development of two other cars - the Surf wagon and the entry-level Atlantic - in the future with an eye towards launching the former in 2016 and the latter in 2017.
All this is tremendous news for people who actually had some good things to say about the Karma. That includes us. It’s just unfortunate the old regime didn’t have the right financial structure to address all the problems that came with developing its cars. None of us knew it at that time, but Fisker was a sinking ship and it was already too late to call for help.
But now that the brand is under new management and is owned by a Chinese company that apparently paid cash to buy Fisker, things are finally looking up for the once proud Fisker brand. It’s also comforting to know that, according to Brown, Wanxiang brought Fisker because it wants "to build a great car company."
But the biggest difference, and the most important one, is that Wanxiang has money. Lots of it. And from the looks of it, the company is not afraid to spend to realize its vision of turning Fisker into that great car company.
Click past the jump to read more about the Fisker Karma.
Stick a fork in `em, because Fisker’s about as cooked as it can get. As much as it saddens us, we have to admit that the once promising brand is set to be sold or head into bankruptcy. So far, Fisker has two interested parties, per a report from Reuters, that are looking to buy it out.
The most aggressive team is headed up by Bob Lutz’s VL Automotive and China’s Wanxiang Group, as they reportedly put in a bid of $20 million for the spiraling company. $20 million may sound like a big number for a nearly bankrupt company, but it is a far cry from the $2.2 billion valuation given to Fisker in the spring of 2012.
Of course, no one involved in the process is confirming the report of this super-low bid, but folks close to the situation are claiming that it is true and that Fisker is considering the offer.
There is one other team that is interested in purchasing the company outright, but there aren’t any reports of them bidding. However, there are reports that a third investment group is interested in buying out DOE’s $171 million interest in the company, which came as a result of the loan Fisker received in its infancy that was later frozen.
This is all we have for now, but we’ll keep an eye out for more reports as time goes on.
Click past the jump to read more about VL Automotive’s interest in Fisker
It’s no surprise to anyone that Fisker is on life support and is nearing its final breath, as it has had way too many issues over the years. Even with the company likely organizing its affairs for bankruptcy, no one could have ever anticipated seeing a Karma for sale at less than half of the sticker price.
Well, we can now see that the unexpected is a reality, as Karmas are starting to trickle onto Ebay at massive discounts. When we drove the Karma, we found that it drive like a far more expensive car than its $100K price tag and later found that it actually costs more to develop and advertise than Fisker was actually selling the model for.
As of May 17th, we found four Karmas for auction on Ebay with current bids that run from $50,000 to $79,995 with less than 10,000 miles on their odometers. In fact, the $50,000 model only has 550 miles and it is 1 of 100 Signature Editions. Business Insider actually managed to dig one up for $40,200, which adds up to 60 percent off of the MSRP.
From the looks of it, Karma owners are getting spooked by Fisker’s financial trouble and the fact that if the company goes under, there is no large backer to cover warranty and service issues. Unlike when Pontiac and Saturn closed up shop, Fisker doesn’t have GM behind it to provide post-mortem support.
<Click past the jump to read more about the Fisker Karma