German company may buy Fisker Automotive

The electric carmaker hasn't produced a vehicle in over a year, but has yet to declare bankruptcy.


Purchase of Fisker Automotive, the electric carmaker and recipient of a loan from the Department of Energy, has been pursued by German company Fritz Nol, in the amount of a reported $25 million, according to Reuters. 

Fritz Nol would plan to continue production on the carmakers Karma model, along with other vehicle models.

Read more details about the possible sale of electric car manufacturer Fisker Automotive. 

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