Wanxiang Group

China's Wanxiang to relaunch Fisker Karma with 2012 design, report says

4:32 pm U.S. ET | Sept. 18, 2014

Chinese auto parts producer Wanxiang Group, which bought electric car pioneer Fisker Automotive from bankruptcy, is accelerating the relaunch of Fisker's Karma hybrid luxury car by using a design from the company's last year of production, people close to the companies said....
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PLUGGING IN

Chinese supplier lays plans to revive Fisker and give itself a jolt

12:01 am U.S. ET | Aug. 4, 2014

If Lu Guanqiu has his way, his Wanxiang Group will bring the Fisker Karma back to life and establish the Chinese supplier as a high-profile coach-builder in the United States. There are big ifs. But Lu is not accustomed to failure....
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Fisker's Chinese owner plans 2nd model after Karma output resumes

5:51 pm U.S. ET | July 25, 2014

The Chinese owner of Fisker Automotive hopes to launch a second model that would join the $100,000 Karma luxury plug-in hybrid in three years, according to the company’s chairman....
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Fisker's new owner: 'I'll burn as much cash as it takes'

12:01 am U.S. ET | May 26, 2014

The Chinese auto parts magnate who bought Fisker Automotive at a bankruptcy auction in February has nursed a desire to build cars since the 1980s. Now, Lu Guanqiu, the billionaire chairman and founder of Wanxiang Group, China's largest supplier, is getting his chance....
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Merger links Lutz's VL with Virginia governor's EV venture

5:24 pm U.S. ET | May 6, 2014

VL Automotive, a sports car start-up founded by Detroit 3 veteran Bob Lutz, has merged with EV venture GreenTech Automotive to bring its Fisker Karma-based Destino car to market....
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Former Fisker creditors seek OK to file liquidation plan

3:49 pm U.S. ET | May 2, 2014

Creditors of the former Fisker Automotive Holdings are seeking permission to file their own liquidation plan for the defunct maker of luxury plug-in hybrids cars, saying the company is insisting on terms that would harm unsecured creditors and put plan-approval at risk....
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Next big thing for A123 may be shift to small batteries

12:01 am U.S. ET | April 21, 2014

Now that battery-maker A123 Systems has the same corporate parent as Fisker, the supplier's strategy might seem clear: make lithium ion battery packs for electric vehicles. Not so fast. CEO Jason Forcier is eyeing a bigger target....
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