Fisker to be saved by...Nissan?

[PBRAZ]

https://www.reuters.com/business/au...ks-investment-partnership-sources-2024-03-01/

Not sure what Nissan is getting here since Fisker outsources it's vehicle production. Plus the Ocean isn't anything to write home about.

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[RivAW]

https://www.reuters.com/business/au...ks-investment-partnership-sources-2024-03-01/

Not sure what Nissan is getting here since Fisker outsources it's vehicle production. Plus the Ocean isn't anything to write home about.

Did you read the article you posted the link for? It spells out what Nissan wants out of the deal. Whether it’s a good deal is subjective….but Fisker needs $$ and Nissan wants an EV

 

[COdogman]

Terms being discussed include Nissan investing more than $400 million in Fisker's truck platform and building Fisker's planned Alaska pickup starting in 2026 at one of its U.S. assembly plants, one of the sources said. Nissan would build its own electric pickup on the same platform, the source said. Nissan has U.S. assembly plants in Mississippi and Tennessee.

This sounds like a great deal for Fisker assuming Nissan would also provide the service network they have been seeking. If this doesn’t go through I doubt they even make it long enough to get the pickup built.

 

[Cycliste]

We live in interesting times during this automotive market transition

 

[Reed]

Agree. Fisker has some good ideas. That pass through on the Alaska is definitely the right approach. It's something that Rivian has to incorporate for the R2t. I would think that a quad cab with a small box and no pass through would have limited sales.

Without a distribution setup to get vehicles out to a broader market, Fisker is trapped at a production level that might never become profitable.

The Alpha Wolf bunch are going down the same road. If they can't sell the concept to a larger concern, then it is likely never going to get to the factory floor.

The other elephant in the room is China. They are preparing to flood world markets with their vehicles. To survive in the coming market, car companies will probably have to merge in order to gain size advantages.

If Rivian can't start generating serious coin s00n, I think they will be forced to seek out a merger.

 

[Zoidz]

If Rivian can't start generating serious coin s00n, I think they will be forced to seek out a merger.

The "good" news is that if Nissan has interest in merging/aquiring FIskers, there should be plenty of interest in Rivian if it comes to that.

 

[Cycliste]

If Rivian can't start generating serious coin s00n, I think they will be forced to seek out a merger.

Toyota, for some reason, was the first to pop into my mind. It will be interesting to se what RIVN does tomorrow. Rivian doing a capital raise feels easier now after Fiskers/Nissan.

Lucid has no truck, right? Fiskers/Nissan changes everything for Japanese automakers. Otherwise, how will they compete with Tesla and BYD?

 

[Reed]

The potential for Rivian to survive through merger or buyout is one of the big reasons I continue to focus on this company's offerings. I'm not concerned about the possibility of ending up with a stranded asset.

I am very eagerly awaiting Thursday's reveal. I fully expect to be joining the line for an R2s.

If for some reason there is a giant red flag, such as short range or something bizarre, like no roof rack connections, I might just circle back and re-visit the R1 series again.

 

[drivetorun]

Toyota, for some reason, was the first to pop into my mind. It will be interesting to se what RIVN does tomorrow. Rivian doing a capital raise feels easier now after Fiskers/Nissan.

Lucid has no truck, right? Fiskers/Nissan changes everything for Japanese automakers. Otherwise, how will they compete with Tesla and BYD?

Toyota had a 3% interest in Tesla but sold it off in 2017. For whatever reason, they seem to be very slow to get behind fully electric vehicles (bZ4X...really, that's the best they can do?). Of the electric brands, I could most easily see Lucid ending up with Toyota, and they basically move all the products into Lexus.

I actually think it could make sense for BMW to buy Rivian. They already do almost all of their SUV manufacturing in the US, but they don't have any off-road oriented offerings. It could become their upmarket enthusiast electric off-road brand (like how Mini is their upmarket enthusiast small car "fun" brand). They did own Range Rover in the 90s, so they have some experience in the space.

 

[Florida Panhandler]

Rivian better get serious about a pickup R2 variant off the bat as the Fisker Alaska /Nissan will be a great-looking vehicle IMO. Nissan will provide a lot of muscle to getting the thing out the door And be able to fund much needed software development.

As far as any Rivian alliance I am very much of the opinion that this is the right approach regarding the world going forward. The trend is for consolidation with smaller fish being destroyed during the next decade, at least. My preferred buyer is Toyota but management there has a very clear profit-now attitude against any sort of long term technology change. GM is becoming a basket case. Again. Ford is becoming a basket case.

A Stellantis merger would not be preferred for numerous reasons, but is the most likely IMO. They have a healthy balance sheet, a managed approach towards EV tech, a broad consortium of worldwide dealer networks and relatively stable executive team. Rivian would provide Stellantis a direct credible Land Rover competitor and also offer a toe into the premium small/medium truck market worldwide. Folding Rivian into Stellantis might seem like the Ben and Jerry’s purchase by Unilever. On paper it seems like it would not work, but here we are decades later with plenty of Ben and Jerry’s in refrigerator cases everywhere.

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