Back from the brink, electric carmakerFisker
says it will debut its EMotion sedan at the 2018Consumer Electronics Show
in Las Vegas in January.
The EMotion is notable for several reasons, including its promised 400-plus miles of range, the ability to charge to 125 miles of range in just 9 minutes and its lidar autonomous technology. The car will also feature four butterfly doors and will be built with carbon fiber rims and a mixture of carbon fiber and aluminum in the body to save on weight. It's also the second go at building anEV
, which filed for Chapter 11 bankruptcy protection in 2013 after theFisker Karma
fell flat. Fisker was sold in 2014 to Chinese auto supplier Wanxiang Group for about $149 million.
And the EMotion can be yours for a cool $129,000. In fact, the company started taking pre-orders in June with a $2,000 deposit, even though the car won't come out until 2019.
The EMotion is seen as a rival toTesla
, but CEOHenrik Fisker tells The Street
he sees room for competition in the EV segment.
"I don't think anyone is out to kill anybody," Fisker said. "Tesla doesn't really have a competitor. It doesn't look like one is going to emerge. I think it's time to move to a next level of this technology and I believe that we have come up with some real breakthroughs."
Fisher also told The Street the company is simultaneously developing an affordable version of the EMotion, aimed to be priced around $34,000, that's due out in 2020. That's just a hair under the $35,000 base price of the Tesla Model 3.
The veteran car designer first revealed the EMotionvia Twitter
in June. Hetold Autoblog recently
that he's looking to buy an existing factory to build the car but hadn't yet chosen one, saying "We don't have to make a decision until the end of the year."
The EMotion will be powered by two electric motors giving it all-wheel drive, lithium-ion battery packs sourced fromLG Chem
with a cooling system designed by Fisker that increases energy density.Related Video: