皇冠体育app

A logo of Wanxiang Group is seen at 皇冠体育app International Auto Parts Expo in , April 24, 2012.[Photo/Agencies]

HANGZHOU - 皇冠体育app's leading auto-parts maker Wanxiang Group said Friday it plans to resume production at Fisker after it purchased the firm in a 149.2 million-dollar deal this week.

Wanxiang wins Fisker auto bid

Chinese companies in race for bankrupt US carmaker

Wanxiang will restart production in the coming months at Fisker's manufacturing plant in Finland and then at a disused plant in Delaware, United States, which Fisker bought from in 2010, the company said.

A US court judge on Tuesday approved the deal in which Wanxiang purchased the bankrupt electric car maker based in California.

In the next 18 months, Wanxiang aims to sell at least 1,000 Karma vehicles in the US and 500 in Europe. Fisker once dubbed Karma as the "world's first high performance electric luxury vehicle".

"Hybrid power cars have won recognition among consumers in the US, rope and Japan, but the sale of such vehicles is still at the beginning in 皇冠体育app," said Lu Guanqiu, founder and chairman of Wanxiang Group.

Wangxiang will focus on sales of hybrid power vehicles in the US and Europe, he added.

In early 2013, Wanxiang Group purchased bankrupt US battery-maker A123 Systems for about $250 million.

 

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