Fisker's Remains Reportedly Bought By Son Of Asia's Richest Man

We may earn a commission from links on this page.

The long nightmare that has been Fisker Automotive's financial situation may be coming to a close, or at least a new chapter, thanks to a wealthy man from Hong Kong.

Reuters reported late Thursday night that Richard Li is the likely winner from the auctioning off of Fisker's remains last week. If Li's deal is finalized with the Department of Energy, that means he'll have beat out bidders rumored to include Germany's Fritz Nois AG, several Chinese firms and even Bob Lutz.


An official amount on Li's winning bid wasn't available, but it was probably in the neighborhood of $30 million.

What did Li get for his bid? Specific details again aren't available, but Fisker did have a few pieces left. There's some office space in Irvine, Calif., probably some stationary and some unsold cars even though Fisker hasn't produced a Karma in nearly a year and a half. Oh, and there's the sticky matter of the Wilmington assembly plant in Delaware that was supposed to make the smaller Fisker, the Atlantic.


And who is Li? He's the 46-year-old son of Li Ka-shing, the richest person in Asia with an estimated fortune of $28.8 billion. Li's own fortune is pegged at around $1.3 billion. Reuters also reported Li's bid was tied to Henrik Fisker's earlier this year, but the two later split into separate groups.

So what does one of Asia's richest men want with some Fisker envelopes? Beats me.


Photo: AP