Question: is fisker out of business?
Answer: On November 22, 2013, Fisker filed its Chapter 11 bankruptcy case. ... Wanxiang owns A123 Systems LLC, Fisker's former battery supplier, and Fisker argued that Wanxiang's conduct was partly responsible for Fisker's business failure. As part of its bid, Wanxiang proposed restarting production of the Karma.