NEW YORK--Fisker Automotive is raising a large round of funding to build its $80,000 electric sedan, but it intends to make a version at half the price in a few years.
The company expects to close a series C round of $65 million in June, company CEO Henrik Fisker told CNET News.com on Tuesday.
Fisker, who spoke at a clean tech investor conference here, declined to name investors. But he said the company is in advanced talks with investors in Europe and Dubai and the round is "oversubscribed." To date, Fisker Automotive has raised $25 million. … Read more