2 Reasons Why Fisker's an Electrifying EV Maker
Elon Musk's automaking upstart Tesla (NASDAQ: TSLA) continues to "bestride the narrow world like a colossus" in the words of Shakespeare's "Julius Caesar," at least where higher-end electric vehicles (EVs) are concerned. But recent developments suggest that another, newer upstart -- Fisker (NYSE: FSR) -- might have a shot at the budget to mid-price EV market.
While it still hasn't put any of its electric car designs into the garages or driveways of consumers, its recently agreed-to alliance with Magna International (NYSE: MGA) bodes well for getting into large-scale production on schedule. This makes it stand out from many of today's electric vehicle start-ups, whose future product rollouts often seem based more on hope and speculation than nuts-and-bolts factory planning. Here are two other reasons Fisker is electrifying investors with its plans.
Image source: Fisker, Magna International.
Source Fool.com
