Fisker Nina on hold as the company is searching for new funding after loan was suspended

Article by Christian A., on March 1, 2012

Fisker is seeking new funding to continue the development of the Fisker Nina, which was set to start selling in 2013 and which rivals the BMW 3-Series. Fisker was compelled to halt work on the plant where the Nina is meant to be produced after the suspension of a $529 million loan that was offered by the US Energy Department from a fund meant to speed up growth of companies making alternatively powered cars.

The US Energy Department claims that Fisker has failed to reach targets for the Karma production but Fisker sources say that they’re held up by the political turmoil during the US election year.

This prompted Henrik Fisker to say that developing the Nina will be financed privately. However, he admitted that it will take some time to secure the new support.

This report is made simultaneously with the declaration of a management reshuffle at Fisker. Fisker has transferred to the role of executive chairman, with the company being placed in the able hands of Fisker’s vice-chairman Tom LaSorda.

Topics: fisker

If you liked the article, share on:

Pin It

Comments

Recommended

It’s quite safe to say that this generation marks the rise of the electric cars. For the past few years, automakers have been very busy trying to find the perfect...
by - March 28, 2017
Want to go for a sportier look, but don’t have enough cash to burn? Good news for future Ford Edge buyers, as the 2018 model year will have an optional...
by - March 28, 2017
Audi refreshes its portfolio as its go-faster division officially announces the release of six new RS models by the end of 2018. That’s quite a huge number of cars to...
by - March 28, 2017
Has Toyota started the production of a new electric supercharger? Well, a patent that was recently published indicated that they might have. And this electric supercharger looks more durable and...
by - March 27, 2017
The Tesla Model S has finally arrived in South Korean soil and is now available for test drive. But, there’s a catch. You’ll have to wait several months if you...
by - March 27, 2017
Facebook

Youtube Channel

Tip Us
Do you have a tip for us?
Did you film an important event?
Contact us
Newsletter
Subscribe to our newsletter!
Subscribe
Galleries