Reports: Nissan in talks over £316m Fisker lifeline

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Reports: Nissan in talks over £316m Fisker lifeline
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Japanese maker may trade rescue fund for access to Alaska pick-up platform

Nissan is reportedly in talks to invest $400 million in ailing electric car start-up Fisker. Fisker yesterday announced it has paused development of its affordable compact EV, the Pear, having made a loss of $463.6m during the fourth quarter of 2023. CEO and founder Henrik Fisker added that the company was seeking a collaboration with another car firm to generate cash or reduce costs.

Henrik Fisker previously said that the "large auto maker" the company was in talks with was not contract manufacturer Foxconn, with which Fisker has previously negotiated about manufacturing cars in North America together. The negotiation effectively ended Fisker's relationship with Foxconn, said Henrik Fisker.

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