Only a handful of employees still report to work at the Fisker Automotive offices in Anaheim, California, and it has been more than a year since any of the failed maker’s Karma sedans have rolled off the assembly line at a plant in Finland. But the once-promising battery-car maker could get a new lease on life later this week.
Or, more precisely, a new owner could find ways to use Fisker’s assets, which include a second, partially completed plug-in hybrid, as well as a never-completed plant in Delaware. They’ll be auctioned off on Friday, October 11th in a move by the U.S. Department of Energy to recover $168 million in loans from a controversial government program intended to help spur the development of alternatively powered vehicles.
Who will be bidding for the remains of the carmaker is unclear, but since Fisker collapsed last spring several names have been said to be interested. That includes former Chrysler and General Motors executive Bob Lutz, Wanxiang, the Chinese company that purchased Fisker’s battery supplier, the former A123 – now renamed B456 – and Richard Li, a Hong Kong billionaire. The company’s founder, Henrik Fisker, had also expressed interest in repurchasing the eponymously named automaker though it is unclear he has been able to line up any financial backing.