USA / Global
December 12, 2012
Fisker To Negotiate New Contract With A123's Wanxiang On Batteries For Karma. Hasn't Built A Car Since July
Apparently, A123 and Johnson Controls original attempt to enter Chapter 11 bankruptcy and rid the company of both debts and "under market" contracts has paid off for new owner Wanxiang, as it appears Fisker's original contract with A123 has been vacated. Fisker spokesman Roger Ormisher said, "We plan to wait until Wanxiang takes full control of A123, then we will get in contact with them to neg...
Unofficial Tesla Model C Sketches Leak Out...Drawn by a Tesla Intern
Once upon a time, Tesla chief designer Franz von Holzhausen revealed that Tesla Motors would develop what he referred to as BMW 3-Series competitor. As von Holzhausen claimed, this entry-level Tesla could be launched in 2015 or later (we'd place our bet on later). Furthermore, Tesla's design guru stated that this vehicle, which is often referred to as the Tesla Model C (C is for compact), woul...
Big Layoffs At CODA Automotive As The Company "Right-Sizes"
First reported to Plug In Cars, an anonymous source has said that CODA Automotive, a California EV start-up that features an all electric sedan built mostly in China, has laid off as many employees as it could, as sales have been more than disappointing. “They just cut everybody they possible could, their sales department went to just a handful of people. It’s a real mess.” Acc...