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% Fisker And Volkswagen Fail To Make A Deal CarBuzz News Features New Cars Used Cars Sell My Car Shopping Tools Car Reviews Car Finder Compare Cars Best Cars Car Dealerships Used Car Reviews Car Advice Home News Fisker And Volkswagen Fail To Make A Deal <h1>Fisker And Volkswagen Fail To Make A Deal</h1> Aug. 02, 2020 12:00 PM ET by Jay Traugott Electric Vehicles / 4 Comments And Fisker pays a big price, at least for now.
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% Fisker And Volkswagen Fail To Make A Deal CarBuzz News Features New Cars Used Cars Sell My Car Shopping Tools Car Reviews Car Finder Compare Cars Best Cars Car Dealerships Used Car Reviews Car Advice Home News Fisker And Volkswagen Fail To Make A Deal

Fisker And Volkswagen Fail To Make A Deal

Aug. 02, 2020 12:00 PM ET by Jay Traugott Electric Vehicles / 4 Comments And Fisker pays a big price, at least for now.
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Kevin Wang 1 minutes ago
It had been a mostly great month of July for Los Angeles-based Fisker. The EV automaker previously a...
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It had been a mostly great month of July for Los Angeles-based Fisker. The EV automaker previously announced plans to issue an IPO following an impressive $2.9 billion deal that will see it merge with Spartan Energy Acquisition Corp., an affiliate of private equity firm Apollo Global Management.
Sophia Chen Member
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It had been a mostly great month of July for Los Angeles-based Fisker. The EV automaker previously announced plans to issue an IPO following an impressive $2.9 billion deal that will see it merge with Spartan Energy Acquisition Corp., an affiliate of private equity firm Apollo Global Management.
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This arrangement is expected to produce $1 billion in gross proceeds necessary to bring the Fisker Ocean all-electric SUV to the market by the end of 2022. On the very last day of July, Fisker has more good news: future EVs aside from the Ocean SUV, specifically a sports sedan, a sports crossover, and even a pickup truck by 2025.
Christopher Lee Member
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This arrangement is expected to produce $1 billion in gross proceeds necessary to bring the Fisker Ocean all-electric SUV to the market by the end of 2022. On the very last day of July, Fisker has more good news: future EVs aside from the Ocean SUV, specifically a sports sedan, a sports crossover, and even a pickup truck by 2025.
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Amelia Singh 1 minutes ago
Details about each one are scarce for now, but Fisker promises each one will utilize platforms, batt...
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Madison Singh 1 minutes ago
Fisker and the German automaker were in talks for the former to utilize key components of VW's MEB e...
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Details about each one are scarce for now, but Fisker promises each one will utilize platforms, battery packs, and other components sourced from the best suppliers in the world. Fisker Fisker Fisker As we also reported a few weeks ago, one of those suppliers is expected to be Volkswagen.
Madison Singh Member
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Details about each one are scarce for now, but Fisker promises each one will utilize platforms, battery packs, and other components sourced from the best suppliers in the world. Fisker Fisker Fisker As we also reported a few weeks ago, one of those suppliers is expected to be Volkswagen.
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Audrey Mueller 9 minutes ago
Fisker and the German automaker were in talks for the former to utilize key components of VW's MEB e...
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Mason Rodriguez 6 minutes ago
However, Reuters is now reporting that deal may not be happening. In a filing with the US Securities...
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Fisker and the German automaker were in talks for the former to utilize key components of VW's MEB electric platform for the Ocean. This is the same architecture that will underpin the VW ID.4 and Audi Q4 e-tron.
Thomas Anderson Member
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Fisker and the German automaker were in talks for the former to utilize key components of VW's MEB electric platform for the Ocean. This is the same architecture that will underpin the VW ID.4 and Audi Q4 e-tron.
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Ethan Thomas 17 minutes ago
However, Reuters is now reporting that deal may not be happening. In a filing with the US Securities...
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David Cohen 19 minutes ago
"We have not achieved our goal of signing a cornerstone agreement with VW by the end of July 2020 as...
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However, Reuters is now reporting that deal may not be happening. In a filing with the US Securities and Exchange Commission, Fisker announced on Friday a delay in those talks.
Grace Liu Member
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However, Reuters is now reporting that deal may not be happening. In a filing with the US Securities and Exchange Commission, Fisker announced on Friday a delay in those talks.
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Harper Kim 16 minutes ago
"We have not achieved our goal of signing a cornerstone agreement with VW by the end of July 2020 as...
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"We have not achieved our goal of signing a cornerstone agreement with VW by the end of July 2020 as we previously anticipated," Fisker said in the filing. "We look forward to continuing discussions with VW again in September after the traditional European summer holidays. We remain in conversation with several other potential (automakers) and suppliers that would be able to fit within our unique business model and we believe will enable us to enter into definitive manufacturing and supply agreements before year-end." Fisker Fisker Fisker Spartan&#39;s shares fell by 20 percent following the disclosure a deal failed to be made.
James Smith Moderator
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"We have not achieved our goal of signing a cornerstone agreement with VW by the end of July 2020 as we previously anticipated," Fisker said in the filing. "We look forward to continuing discussions with VW again in September after the traditional European summer holidays. We remain in conversation with several other potential (automakers) and suppliers that would be able to fit within our unique business model and we believe will enable us to enter into definitive manufacturing and supply agreements before year-end." Fisker Fisker Fisker Spartan's shares fell by 20 percent following the disclosure a deal failed to be made.
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Emma Wilson 4 minutes ago
Does this mean the Ocean SUV could be delayed? Not necessarily....
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David Cohen 3 minutes ago
Fisker previously made it clear it continues to hold talks with other Tier 1 suppliers, such as Magn...
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Does this mean the Ocean SUV could be delayed? Not necessarily.
Sebastian Silva Member
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Does this mean the Ocean SUV could be delayed? Not necessarily.
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Fisker previously made it clear it continues to hold talks with other Tier 1 suppliers, such as Magna International, Inc., about its first production vehicle. VW isn't the only game in town, but the attraction of using its MEB platform is understandable. But unless a deal can be made in the very near future, Fisker will have to shop elsewhere and strike a new arrangement relatively fast.
Alexander Wang Member
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Fisker previously made it clear it continues to hold talks with other Tier 1 suppliers, such as Magna International, Inc., about its first production vehicle. VW isn't the only game in town, but the attraction of using its MEB platform is understandable. But unless a deal can be made in the very near future, Fisker will have to shop elsewhere and strike a new arrangement relatively fast.
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Fisker Fisker Fisker Source Credits: Reuters

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Fisker Ocean LoginSign Up Home News Features Car Reviews Car Advice 2021 CarBuzz Awards New Cars Used Cars Future Cars Compare Cars Sell My Car Car Dealerships Buy Here Pay Here Used Car Reviews Popular Tags Cars # Video # TOP # Spy Shots # Reveal # Rumor # Auto Show # Supercar # Tuning # Car Culture # Industry News # Motorsport Acura Alfa Romeo Aston Martin Audi Bentley BMW Bollinger Bugatti Buick Cadillac Caterham Chevrolet Chrysler Dodge Ferrari Fiat Fisker Ford Genesis GMC Hennessey Honda Hyundai Infiniti Jaguar Jeep Karma Kia Koenigsegg Lamborghini Land Rover Lexus Lincoln Lordstown Lotus Lucid Motors Maserati Mazda McLaren Mercedes-Benz Mini Mitsubishi Nissan Pagani Polestar Porsche Ram Rimac Rivian Rolls-Royce Spyker Subaru Tesla Toyota Volkswagen Volvo By Make Acura Alfa Romeo Aston Martin Audi Bentley BMW Bollinger Bugatti Buick Cadillac Caterham Chevrolet Chrysler Dodge Ferrari Fiat Fisker Ford Genesis GMC Hennessey Honda Hyundai Infiniti Jaguar Jeep Karma Kia Koenigsegg Lamborghini Land Rover Lexus Lincoln Lordstown Lotus Lucid Motors Maserati Mazda McLaren Mercedes-Benz Mini Mitsubishi Nissan Pagani Polestar Porsche Ram Rimac Rivian Rolls-Royce Spyker Subaru Tesla Toyota Volkswagen Volvo By Car Type SUVs Crossovers Sedans Coupes Trucks Sports Cars Wagons Vans Hatchbacks Convertibles Small Cars Luxury Cars Electric Cars Hybrid Cars Future Cars By Price Up to $15K $15K - $25K $25K - $35K $35K - $45K $45K - $55K $55K - $75K $75K - $100K $100K - $200K $200K - $300K Above $300K Back To Top
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