Fisker Auto¬≠mo¬≠tive has cer¬≠tain¬≠ly been through a wave of trou¬≠bles, from recalls of its A123 Sys¬≠tems-made Kar¬≠ma bat¬≠tery pack, to los¬≠ing sev¬≠er¬≠al Kar¬≠mas dur¬≠ing Hur¬≠ri¬≠cane Sandy. Now, the com¬≠pa¬≠ny is look¬≠ing for investors to get through this rough peri¬≠od. Accord¬≠ing to recent¬≠ly hired CEO Tony Posawatz, Fisker Auto¬≠mo¬≠tive is work¬≠ing with invest¬≠ment bank Ever¬≠core Part¬≠ners to assist in lin¬≠ing up investors. The com¬≠pa¬≠ny is in dis¬≠cus¬≠sions with mul¬≠ti¬≠ple strate¬≠gic part¬≠ners both in Chi¬≠na and in Europe.
Fisker halt¬≠ed assem¬≠bly of its Kar¬≠ma range-extend¬≠ed elec¬≠tric lux¬≠u¬≠ry sedan sev¬≠er¬≠al months ago, when its lithi¬≠um-ion cell sup¬≠pli¬≠er A123 Sys¬≠tems declared bank¬≠rupt¬≠cy. It is assumed to have pro¬≠duced 2,000 to 3,000 Kar¬≠mas before pro¬≠duc¬≠tion was shut down. Fisker said it has approx¬≠i¬≠mate¬≠ly 100 bat¬≠tery packs on hand from A123, which will allow it to pro¬≠vide ser¬≠vice parts. That num¬≠ber is not suf¬≠fi¬≠cient to restart Kar¬≠ma pro¬≠duc¬≠tion, how¬≠ev¬≠er.
The com¬≠pa¬≠ny lost about 300 new Kar¬≠mas to flood waters and fire at a New Jer¬≠sey port dur¬≠ing Hur¬≠ri¬≠cane Sandy. While Ever¬≠core advised Gen¬≠er¬≠al Motors dur¬≠ing its bank¬≠rupt¬≠cy, Posawatz specif¬≠i¬≠cal¬≠ly ruled out bank¬≠rupt¬≠cy for Fisker. Fisker could be sold out¬≠right, though.