Wanxiang to bid for Fisker

The Wanxiang Group announced that it is planning to make a bid for Fisker Automotive, an electric vehicle manufacturer in the U.S. Wanxiang has presented a USD 24.725 million bid for Fisker’s assets and loans. In January 2013, the Wanxiang Group acquired A123 Systems which supplies lithium-ion batteries to Fisker. (F....

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