A123 Battery Production May Not Resume Until Fisker Is Safely In Chinese Hands

Not Dongfeng, but China’s Geely currently looks best positioned to prtofity form U.S. government largesse by buying beleaguered and DOE,-funded plug-in car maker Fisker, Reuters reports. According to the report, “Zhejiang Geely Holding Group is favored to secure a majority stake in troubled U.S. electric car maker Fisker Automotive, according to two sources familiar with Fisker’s search for a strategic investor or partner.”

Also according to the report, red flags are sure to flutter over Fisker’s HQ in Anaheim, as Fisker “is currently weighing bids from two Chinese auto makers: Geely, the owner of Sweden’s Volvo, and state-owned Dongfeng Motor Group Co.”

Read Article

HughJass - 2/19/2013 7:07:49 PM

+1 Boost

Maybe my Engrish is bad but I didn't read anywhere about batteries and production in that article. This website just makes up headlines along with news now.

A poor website doesn't change the fact though, "Good job Ohio/Indian", can't wait until they sell Ohio and Indiana to the Chinese. Where's President Jesus now? Oh yeah, golfing with Tiger "love my white women cuz if dad didn't date them, why should I?"