Fisker Sold to China's Dongfeng for $350 Million?

While Henrik Fisker has denied any comment on accepting Chinese investors for his automotive company, the latest reports are hinting on a $350 million bid from Dongfeng Motor Corp.
Fisker Karma 1 photo
Photo: Fisker Automotive
According to Bloomberg, citing an anonymous insider, Wuhan-based Dongfeng would gain 85 percent of Fisker is the US plug-in hybrid automakers green lights the $350 million bid.

On the other had, Fisker finally admitted they have received several proposals "from multiple parties" that are now being evaluated but the company's advisers, but declined to elaborate any further.

Fisker Automotive hasn't built a vehicle in more than six months due to financial constraints as well as battery supplier A123's bankruptcy. Sold to a Chinese company, A123 is reportedly not ready yet to start producing of batteries for Fisker again.

The California-based company is currenty renegotiating with Finland's Valmet Automotive.
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About the author: Ciprian Florea
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Ask Ciprian about cars and he'll reveal an obsession with classics and an annoyance with modern design cues. Read his articles and you'll understand why his ideal SUV is the 1969 Chevrolet K5 Blazer.
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