Sources Say Nissan and Fisker Are in Advanced Talks on Investment, Partnership

Nissan is in advanced talks to invest in electric vehicle maker Fisker in a deal that could provide the Japanese automaker with access to an electric pickup truck while giving the struggling startup a financial lifeline, according to two people familiar with the negotiations.

The deal could close this month, said the sources, who asked not to be identified because the talks are ongoing and have not been finalized.

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.

Read the source article at Yahoo Finance