Henrik Fisker, owner of failed automotive venture "Fisker Automotive", said recently that he plans to launch a new electric car company next year to compete with Tesla. According to Fisker, the new electric cars will be powered by a long-range battery that uses graphene to extend its range and life and reduce charging time. The company is targeting a 400-mile driving range between charges.
It was not revealed who is funding this new California-based venture, called Fisker Inc, and a new battery subsidiary, Fisker Nanotech. In an interview, Fisker said his new company plans a battery-powered model aimed at the Tesla Model S, which is priced at about $65,000. He did not specify when production would begin. A second smaller Fisker electric car will follow, Fisker said, and will target the upcoming Tesla Model 3, which is expected to start at about $35,000.