Wanxiang officially acquires Fisker Delaware plant for $18 million
Technically, the Delaware plant was included in the Fisker Automotive assets that Wanxiang America won at a bankruptcy auction for $149.2 million last month. What happened last week, according to Delaware Online, is that the plant property was officially transferred to a Wanxiang America affiliate, WX Delaware Real Estate Holding Co. The cost was broken out for the first time and it comes to, you guessed it, $18 million.
In a bygone age, Fisker said it could make up to 100,000 Karma electric vehicles a year at the Delaware plant. The California automaker officially bought the plant from "old GM" in late 2009, but never did anything with it, despite Vice President Joe Biden's enthusiastic appearance at the announcement in 2009 (pictured). Five years and one bankruptcy later, we are are curious as ever to see if either the Karma or the Atlantic ever actually rolls off the assembly line there. Of course, the next big step will be to build an assembly line.
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