Fisker Automotive

Fisker reveals all-electric luxury GT sports car

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, code-named after the 1998 stu

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 v

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

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 lu

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

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 op

Karma Automotive to lay off 60 more workers at California headquarters

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 Depa