Car | Nissan may throw Fisker a $400M lifeline to get an electrical truck.

Car | Nissan may throw Fisker a $400M lifeline to get an electrical truck.


Fisker is in a troublesome spot proper now. Henrik Fisker’s new upstart electrical car firm is struggling to promote its Ocean SUV, its inventory worth fell to an all-time low of simply 38 cents a share on Friday, and it introduced Thursday that it’ll Manpower should be decreased by 15%. . Due to its struggles, the corporate introduced that funding in all new tasks can be halted till it discovered a producing accomplice. Fortunately for Fisker, it could have already discovered that accomplice — Nissan.

Drive has reached out to Nissan for remark and can replace this story after we get extra data.

In keeping with Reuters, sources conversant in the negotiations declare that Nissan is trying to make investments $400 million in Fisker. In return, Nissan will achieve entry to Fisker’s EV platforms and applied sciences. Extra particularly, Nissan will construct the lately introduced Fisker Alaska pickup at one among its United States meeting crops and construct its electrical pickup on the identical platform.

Fisker

Fisker

This is not the primary time Fisker has expressed curiosity in partnering with one other automaker, which may assist it mass-produce extra automobiles. “Now we have two automobiles which can be nearly prepared. We will convey them to market shortly—we simply want the capability,” Fisker mentioned. Reuters In November 2023. He additionally mentioned that he’s in talks with 5 “typical automotive firms”. Final Thursday, nonetheless, Fisker mentioned he had narrowed it down to 1.

When it comes to worth, this looks like a deal that may work nicely for each firms. Fisker has some attention-grabbing and promising battery tech, and its platform—variants of which have lined each the Ocean and Alaska—makes use of chassis tech from Austrian producer Magna Steer. The expertise may assist Nissan, which bought caught in an electrical rut after launching reasonably priced EVs with the Leaf, get again into its groove. Nevertheless, with high quality points plaguing current evaluations and manufacturing struggles, Fisker may actually use each the funds and manufacturing capability that Nissan can present. It will likely be very attention-grabbing to see what occurs with the 2 firms if this deal goes via.

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