Reports: Nissan in talks over £316m Fisker lifeline
Nissan is reportedly in talks to invest $400 million (£316m) in ailing electric car start-up Fisker.
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Nissan is reportedly in talks to invest $400 million (£316m) in ailing electric car start-up Fisker.
Nissan may build the Fisker Alaska electric pickup truck, as well as a derivative sold under its own brand name, Reuters reported Friday.
Fisker is in talks with an unnamed «large automaker» for a potential investment, development of one or more EV platforms, and North American manufacturing.
Fisker has paused development of its affordable compact EV, the Pear, amid talks with an unnamed car maker for investment into the cash-strapped company.
The boss of one of Formula One’s biggest and most successful teams will remain in the role after a controversial investigation into an employee complaint against him threatened his job.
The US seems to have an endless appetite for SUVs, including for vintage Jeeps, Land Rovers, and Ford Broncos with modern drivetrains and sound systems. Ineos, which builds new cars with some retro styling cues, is a bit different. It’s a Britain-based global chemical company with 36 businesses, one of them being the automotive brand that turns out the BMW-powered Grenadier 4X4 SUV at a fairly reasonable price for such things—$71,500, with upmarket Trailmaster and Fieldmaster editions costing $79,190. The Grenadier, both retro and modern, was launched in 2022 and is now at dealers in the US. The company got its start in 2017 when Ineos’ chairman and CEO, billionaire Sir Jim Ratcliffe, decried the loss of the original Land Rover Defender (1990 to 2016, although in the US only 1993 to 1997). He was in a position to do something abo
Ineos Automotive on Friday announced an electric SUV, with an optional range-extended powertrain.
Micro’s impossibly cute Microlino always looked like a stylish kids toy, and now there’s a new version available that stylish kids can get in and drive. The Microline Lite is as cool as the existing electric bubble car that’s been on sale in mainland Europe for a couple of years, but this version has been adapted to meet regulations allowing drivers as young as 14 to get behind the wheel.While the standard version’s single 17 hp (17 PS) electric motor gives it a top speed of 56 mph (90 kmh), the 12 hp (12 PS) Lite, which is launched this week at the Geneva Motor Show in Switzerland, is limited to 28 mph.