10 November 2023
10 November 2023
US startup Fisker is in negotiations with five carmakers over a contract to secure additional production capacity, Reuters reported.
Chief executive Henrik Fisker told the news agency: "We have two cars that are almost ready. We can bring them to market fast – we just need the capacity.”
He was in negotiations with five “traditional car companies”.
Fisker has one model on sale, the Ocean SUV, built under contract at Magna Steyr in Graz, Austria.
Transaction subject to approval by the US bankruptcy court
To fend off rising competition from Chinese automakers
Market continued to weaken amid sluggish consumer spending following sharp interest rate hikes
Expected to generate $2.2 billion per year from 2024
Automated Vehicles Bill announced in King’s Speech
Will support scaling of manufacturing and commercialisation of sustainable magnets
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The role of robotics is less sure-footed in the foodservice sector. Automating kitchens and meal service is less easily done with robots than automating warehouses and production lines, although this hasn’t deterred start-ups’ efforts to automate burger flipping and meal delivery with robots and drones. Robots improve profitability in the long term but have high up-front costs, so investing in robotics is not without risks.
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