The future of Fisker Automotive might be viewed as a symbolic tale of where economic alliances – and competition – now stand between the US and China.
Two Chinese investors are vying to take over the troubled US maker of the luxury, extended range Fisker Karma.
While EV sales figures in either country are highly unlikely to meet the million unit EV mark set by President Obama within the next two years, the race is still being run.
The investments have been impressive:
- An electric version of the Saab 9–3 for sale in China is critical for Saab a year out of its bankruptcy proceedings.
- Tesla Motors has been working hard to get its website domain name back in China from a Chinese owner.
- Actor Leonardo DiCaprio announced he’s forming a team to participate in a new EV racing circuit that will launch its inaugural season in Beijing next September.
Read all about the opportunities and challenges that EVs present for the US and Chinese auto markets……