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Henrik Fisker wants to buy back Fisker
Mon, 27 May 2013The resignation of Henrik Fisker in March from the eponymous company he worked so hard to build in to a credible ‘Green’ car company precipitated the meltdown of Fisker, which now stands on the edge of bankruptcy over $171 million owed to the US government. But Henrik Fisker has a plan. He’s teamed up with Hong Kong billionaire Richard Li – a Fisker investor – to try and buy the US government debt and save Fisker from being crushed by bankruptcy.
Mitsubishi's 600bhp EV to tackle Pikes Peak
Tue, 03 Jun 2014By Damion Smy Motoring Issues 03 June 2014 17:11 Mitsubishi will enter the 2014 Pikes Peak International Hillclimb – the 92nd running of the prestigious event – with its specially built electric racecar, it announced today. The team finished second and third in the electric class at the 2013 event, and will use the same drivers – former motorcycle class winner, Greg Tracy, and Dakar-rally winner Hiroshi Masuoka – for the 12.42-mile climb to the 14,110ft summit. The bewinged Mitsubishi i-MiEV Evolution III is 4.7m long and 1.9m wide, with an electric motor at each corner to send a total of 600bhp through all four wheels.
Kia Soul'ster opens up for Detroit auto show
Fri, 09 Jan 2009Kia rolls out a possible next member of its youth market-targeting Soul family at the Detroit Auto Show . Taking a page from the roadster playbook, the Soul'ster concept drops a set of doors from the Soul SUV, which goes on sale this spring, shortens the windshield and adds a two-piece removable top. Roll bars offer occupants additional protection not normally found on convertibles, and house a slider track cargo system.