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Old 10-14-2013, 05:21 PM   #1 (permalink)
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Default Richard Li wins...at least that's the rumor

I have it on very good authority that Richard Li and his group was awarded the loan. What that means for the future of Fisker is still up in the air. A car company? A powertrain company? Something else entirely? Hopefully some answers come sooner rather than later.



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Old 10-14-2013, 05:31 PM   #2 (permalink)
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If that's true then Henrik would be back?
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Old 10-14-2013, 07:40 PM   #3 (permalink)
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Originally Posted by Lormax View Post
I have it on very good authority that Richard Li and his group was awarded the loan. What that means for the future of Fisker is still up in the air. A car company? A powertrain company? Something else entirely? Hopefully some answers come sooner rather than later.
Interesting. Though, I do not think they'd have much of a chance as a powertrain company.
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Old 10-14-2013, 08:11 PM   #4 (permalink)
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Probably the best news Fisker employees and owners could hope for. Hopefully lawsuits don't tie up this deal, if true. Onward!
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Old 10-14-2013, 09:55 PM   #5 (permalink)
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Interesting, as this would be an outcome that would more likely see something similar to the original business plan pursued. Richard Li was a C-D round investor with a belief in the Karma and the range-extended EV concept, both for US needs and for application in the rest of the world.
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Old 10-14-2013, 11:01 PM   #6 (permalink)
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Talked to another that would be in-the-know. It's all but confirmed.



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Old 10-14-2013, 11:34 PM   #7 (permalink)
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Originally Posted by Lormax View Post
Talked to another that would be in-the-know. It's all but confirmed.
If true, this is as good as it gets.
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Old 10-15-2013, 01:17 AM   #8 (permalink)
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If that's true then Henrik would be back?
Not necessarily. Richard Li was on the Board when they removed Henrik from his position as CEO.



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Old 10-15-2013, 01:26 AM   #9 (permalink)
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The Wanxiang plan would have put Fisker into pre-packaged bankruptcy even though the total value may have been more to the DOE (rumor). Looks like something may have been learned from the A123 fiasco.
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Old 10-15-2013, 01:38 AM   #10 (permalink)
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Not necessarily. Richard Li was on the Board when they removed Henrik from his position as CEO.
The new management may very well want to hire Henrik as a consultant or other outside capacity to help with design. I don't think anyone in their right mind would let him near a corporate checkbook ever again.
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