2:38 PM
A__M__S
Earlier this month, electric car architect Fisker Automotive laid off about 65 workers and it became accessible ability that they were renegotiating accommodation capacity with the US Department of Energy.
Now analysts (or at atomic one analyst) are admiration the assured afterlife of Fisker as a company, abnormally back Fisker allegedly did not accommodated assertive accommodation altitude due to assembly delays. Up until now, Fisker has accustomed beneath than $200-million of its $529-million accommodation from the DOE, and is currently negotiating for some if not all of the actual antithesis of the loan.
But with the Obama Administration adverse political burden to abate spending, there’s a absolute acceptable adventitious Fisker will never see the actual $336-million or so. And after that funding, Fisker could go beneath and conceivably forth with it, A123 Systems, its lithium-ion array manufacturer.
Fisker agent Roger Ormisher has played bottomward the affair adage that Fisker is artlessly constant a “bump in the road.” Ormisher told The Wall Street Journal that the Karma hasn’t been impacted and Fisker has delivered about 250 cartage and that the actual DOE funds were carefully to advice aftermath the Project Nina vehicle.
In a account appear about the aforementioned time as the lay offs were done, Fisker said that they were advancing “alternative allotment sources” and that they had aloft $260-million in disinterestedness in backward 2011. But according to the Orange County Register, the bi-weekly bounded to Fisker Automotive’s headquarters, Daniel Wray is suing Fisker Automotive for fraud. An broker into the electric automaker, Wray claims that he had invested $210,000 and that Fisker accepted addition $84,000 or he’d lose the rights he acquired from the aboriginal banal purchase.
Now analysts (or at atomic one analyst) are admiration the assured afterlife of Fisker as a company, abnormally back Fisker allegedly did not accommodated assertive accommodation altitude due to assembly delays. Up until now, Fisker has accustomed beneath than $200-million of its $529-million accommodation from the DOE, and is currently negotiating for some if not all of the actual antithesis of the loan.
But with the Obama Administration adverse political burden to abate spending, there’s a absolute acceptable adventitious Fisker will never see the actual $336-million or so. And after that funding, Fisker could go beneath and conceivably forth with it, A123 Systems, its lithium-ion array manufacturer.
Fisker agent Roger Ormisher has played bottomward the affair adage that Fisker is artlessly constant a “bump in the road.” Ormisher told The Wall Street Journal that the Karma hasn’t been impacted and Fisker has delivered about 250 cartage and that the actual DOE funds were carefully to advice aftermath the Project Nina vehicle.
In a account appear about the aforementioned time as the lay offs were done, Fisker said that they were advancing “alternative allotment sources” and that they had aloft $260-million in disinterestedness in backward 2011. But according to the Orange County Register, the bi-weekly bounded to Fisker Automotive’s headquarters, Daniel Wray is suing Fisker Automotive for fraud. An broker into the electric automaker, Wray claims that he had invested $210,000 and that Fisker accepted addition $84,000 or he’d lose the rights he acquired from the aboriginal banal purchase.
Posted in: Auto News
0 comments:
Post a Comment