Wanxiang Group Archives – The Green Optimistic

Elux Karma – ex-Fisker’s New Name, say Wanxiang Sources

Benji Jerew — Tue, 24 Feb 2015 20:33:15 +0000

Wanxiang is dropping the name “Fisker” and going with the new “Elux” brand name. The Elux Karma could be in production by mid-2016, though a production facility has yet to be finalized (read: mid-2017?). Following the story of the Fisker Karma, we find ups and downs that could constitute one of the biggest disappointments in […]

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Tesla Motors Needs a Competitor, Will Fisker Automotive Step Up?

Benji Jerew — Mon, 19 May 2014 17:04:11 +0000

Tesla Motors, for now, is the undisputed leader in electric vehicle technology, but could the resurrected Fisker Automotive be a good competitor? No, I’m not talking about Fisker Automotive’s stalled lineup of extended-range electric vehicles (EREV), such as the Fisker Karma (a $100,000 Chevy Volt?). The truth is, you just don’t bring a hybrid vehicle […]

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Fisker Automotive Coming Back, Where or When is Anyone’s Guess

Benji Jerew — Tue, 22 Apr 2014 16:37:19 +0000

After the financial collapse of Fisker Automotive, taxpayers and government officials were decidedly upset. Even when Fisker Automotive’s financial assets were put up for auction, including $192 million in loans, people weren’t happy, mostly because an American company couldn’t manage to sway the courts and the loan handlers. Chinese auto parts giant Wanxiang won the […]

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Wanxiang Group Reinventing Fisker Automotive

Benji Jerew — Mon, 10 Mar 2014 18:35:58 +0000

Fisker Automotive doesn’t exactly have a long history, being founded just seven years ago, but it surely has been a rough history. Multiple problems beset the company and, in spite of promising extended-range electric vehicle technology, Fisker Automotive eventually ceased all production and declared bankruptcy. Wanxiang America, part of Chinese automobile parts giant Wanxiang Group, […]

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A123 Systems, Advanced Lithium-Ion Battery Technology Company Gets New CEO

Benji Jerew — Mon, 14 Oct 2013 21:51:01 +0000

In October 2012, A123 Systems filed for bankruptcy, citing poor sales of electric and extended range electric vehicles, its prime target market. Now, it’s time to switch targets, if not technologically speaking, then regionally. A123 Systems, an advanced-technology battery developer, was simply ahead of its time, before the electric-vehicle boom, as well as too specialized, […]

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