Fisker Finds New Last Minute Bidder With Plans to Restart Production, Add New Models

Fisker Finds New Last Minute Bidder With Plans to Restart Production, Add New Models
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Wanxiang American Corp. has put in a “stalking horse” bid on Fisker, which is supposed to be sold to Hybrid Tech Holdings LLC for $25 million. Continue Reading...

Chinese Company Wins Auction for A123 Systems

Chinese Company Wins Auction for A123 Systems
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A year riddled with controversy for electric cars is winding down, but not without at least one more flare up — Chinese firm Wanxiang Group won the bidding war for A123 Systems. Continue Reading...