... He bought Fisker Automotive Holdings and its battery supplier A123 Systems to fulfill his electric car dream. While Lu was a self-made engineer and entrepreneur who built his empire almost from scratc ...More
EJ Insight2017-10-30
Hong Kong billionaire Richard Li stands to make a handsome profit from a deal with creditors of failed carmaker Fisker Automotive Inc., the Wall Street Journal reported Monday. Unsecured creditors of ...More
EJ Insight2014-04-15
China's Wanxiang Group has won court approval to take over failed luxury hybrid car maker Fisker Automotive Inc. after successfully outbidding Hong Kong billionaire Richard Li in an auction, the Wall ...More
EJ Insight2014-02-19
Chinese auto parts manufacturer Wanxiang Group is said to have won the bidding for the assets of bankrupt US hybrid sports car maker Fisker Automotive, with a US$149.2 million offer, the National Busi ...More
EJ Insight2014-02-17
A company with links to Hong Kong tycoon Richard Li is pressing its bid for bankrupt United States hybrid-car maker Fisker Automotive, 21st Century Business Herald reported Wednesday, citing an unname ...More
EJ Insight2014-01-22
Wanxiang America Corp., China's largest car parts company, made a surprise bid for Fisker Automotive just days before the bankrupt maker of the Karma plug-in hybrid sports car was to be sold to a Hong ...More
EJ Insight2014-01-01
