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Fisker Founder Henrik Fisker Out In Electric Car China Shakeup TSLA –

It’s the second flap really to do with freezing that’s hit the luxury electric car industry: Fisker Automotive founder Henrik Fisker just quit after disagreements with management, amid reported talks of shopping a majority stake in the hybrid automaker perhaps to a Chinese company.

That’s all in the wake of the apparent freezing of its loan facility from the Energy Department last year. (IBD reported on the loan timetable renegotiation).

“The company has a strong and experienced management team and its strategy has not changed,” privately held Fisker Automotive said in a statement emailed to IBD on Wednesday that thanked the car designer for his service.

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“Mr. Fisker’s departure is not expected to impact the company’s pursuit of strategic partnerships and financing to support Fisker Automotive’s continued progress as a pioneer of low-emission hybrid electric powertrain technology,” the email said.



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