Nissan in Progressive Talks for Investment and Partnership with EV Manufacturer Fisker

Nissan, the renowned Japanese automaker, is currently engaged in progressive discussions to potentially invest in Fisker, a company that specializes in electric vehicles (EVs).

This prospective deal is seen as a strategic move for Nissan, offering the opportunity to break into the electric pickup truck market. For Fisker, an emerging player in the EV industry, the influx of funds from such an investment would provide a much-needed financial boost to continue operations.

Impending Deal Close and Terms

According to inside sources, this deal might be concluded as soon as within the month, although details are still under wraps as conversations continue. The sources, who have chosen to remain anonymous, reveal that the deal could involve Nissan investing upwards of $400 million into Fisker's innovative truck platform.

Furthermore, the agreement may see the commencement of Fisker's anticipated Alaska pickup truck being manufactured at a Nissan U.S. assembly plant starting in 2026. Notably, Nissan operates plants in Mississippi and Tennessee.

Nissan is also expected to launch its own EV pickup based on the shared platform created with Fisker, which signifies a collaborative development effort between the two companies.

Fisker's Financial Struggles and Job Cuts

Fisker has openly acknowledged its recent financial struggles, citing concerns about the viability of continuing operations. The company announced a reduction of 15% in its workforce, signaling the depth of its fiscal challenges. While confirming discussions with a major automaker for potential investment and collaboration, Fisker did not specifically identify Nissan in its statement.

Representatives of Fisker have declined to comment on market speculation, and Nissan officials have yet to make an official statement concerning the negotiations.

Market Impact

The impact of the potential deal and Fisker's financial predicament have already been felt in the stock market. Fisker shares have plummeted over 43% recently, leaving the company with a diminished market capitalization of approximately $222 million.

Nissan, Fisker, Investment