Fisker Automotive

Fisker Inc. revealed Wednesday a glimpse of the fully electric luxury GT sports car it plans to add as the third model to its fledgling lineup. The Project Ronin concept,…

Fisker reveals all-electric luxury GT sports car

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A clean energy company now has a market cap rivaling ExxonMobil

The news last week that U.S. utility and renewable energy company NextEra Energy briefly overtook ExxonMobil and Saudi Aramco to become the world’s most valuable energy producer shows just how valuable sustainable businesses have become. It’s yet another proof point that there are billions of dollars available for companies focused on renewable energy alone —…

12:55 pm PDT • October 6, 2020
A clean energy company now has a market cap rivaling ExxonMobil

Electric vehicle startup Fisker Inc. said Wednesday it has raised $50 million, much needed capital that will go toward funding the next phase of engineering work on the company’s all-electric…

Fisker raises $50 million to bring its all-electric Ocean SUV to market in 2022

Karma Automotive has raised a $100 million lifeline from outside investors, as reported by Bloomberg, with the struggling electric vehicle maker’s fortunes likely buoyed by the current market optimism on…

Karma Automotive raises $100 million as it looks to resell it EV platform to other automakers

Karma Automotive is laying off 60 workers at its Irvine, Calif., headquarters, just three months after cutting 200 workers, according to documents filed with the California Employment Development Department. The…

Karma Automotive to lay off 60 more workers at California headquarters