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U.S. automaker Fisker is considering bids from Chinese companies which would give up majority...

  • Wednesday, February 20, 11:48 AM ET
    U.S. automaker Fisker is considering bids from Chinese companies which would give up majority control for an investment of between $200M and $300M. The effort to sell to a Chinese concern is largely due to the confluence of two large trends - 1) Soft response in the U.S. with Tesla Motors (TSLA -1.8%) stealing the show. 2) Raised interest in China on extended plug-in hybrid technology due to historic levels of pollution.
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This news story has 5 comments:

  • Fisker is simply an enhanced Chevy Volt, not as comfortable or utilitarian as the Volt, with less than stellar performance as a sports car - to some it looks good, kinda on the level of a cobra kit car with a VW engine - the Chinese like small wonders - wondering why?
    20 Feb, 12:23 PM Reply Like
  • Last week Bloomberg reported that Dongfeng bid $350 million for an 85% stake in Fisker, which would value the 15% that legacy holders bought for $1.2 billion at about $62 million.

    http://bloom.bg/134Ouq7
    20 Feb, 12:40 PM Reply Like
  • If I was fisker, I would take those bids ASAP.

    The value of Fisker is in its design, not in its IP.

    The Fisker is much like the Volt/Cadillac PHEV in terms of technology and the Atlantic is supposed to be a competitor to high end greeb cars, but it will be late to the game and the competitors will already be established.

    I see Fisker following the same track as Coda, comes in too late to the game and does not offer anything above the competition. That's economics 101
    20 Feb, 01:21 PM Reply Like
  • The Chinese have been failing despite significant efforts, government promotion and government subsidies at producing anything worthwhile in the EV space. It makes sense for them to buy Fisker.
    21 Feb, 07:52 AM Reply Like
  • Question is - is the Fisker worthwhile? Attractive Chevy Volt phenom - yep - - - -
    21 Feb, 09:38 AM Reply Like
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