China now has a luxury electric car brand after $149 million bid
Failed US electric/hybrid car-maker Fisker is now owned by China’s Wanxiang Group after a $149 million bid at Fisker’s bankruptcy auction. That’s six times more than Fisker was seeking to recover from bankruptcy, reports Bloomberg. The Chinese conglomerate – which makes automobile parts, solar tech, and has a large US…
Continue Reading
Subscribe to unlock the full article and access premium financial content.
Click here to read the full story: Tech In Asia

