10 Comments

Summary:

We’ve got the results of our survey on how Fisker’s struggles could affect the electric car market, government incentives and cleantech investing. Check out my 21-page report I wrote for GigaOM Pro, and some of the teasers in this post.

Fisker on DOE Loan Timeline (Next Month) and Pulling Out of Michigan

Some of the most important feedback I got after publishing my long investigative piece on Fisker Automotive (A look under the hood: why electric car startup Fisker crashed and burned) was that many people thought that Fisker’s struggles were such an anomaly that they wouldn’t likely affect the broader market for electric vehicles. That was also the majority opinion from the recent survey (subscription required) we conducted for GigaOM Pro, our premium research service, on the fate and implications of Fisker’s downfall.

According to our survey of 108 respondents, almost 60 percent think that Fisker’s problems will not have much of an affect on the greater electric car market. As evidence, you can look at how sales of electric cars have been slowly and steadily growing (see our 4 charts), and Tesla plans to announce a profitable quarter on Wednesday.

A little less than a third of our respondents, at 29 percent, thought Fisker’s problems would have a modest effect on electric car sales. And only 4.7 percent of our respondents thought that Fisker’s struggles would greatly affect the electric car market.

Fisker chart

To see the rest of the responses to our survey, including how Fisker will affect government spending on cleantech innovation, as well as cleantech venture capital investing, check out the full report on GigaOM Pro (subscription required). The report is a 22-page report, highlighting our survey, and my analysis of what went wrong with Fisker. Survey respondents can get copies of the report complimentary — thanks for participating!

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  1. The impact I would like to see is that government stop wasting hard earned taxpayer/treasury dollars on this stupid green nonsense. If these companies have a good product to sell, let them find private investors. Stop squandering my money on electric car start ups and green energy hoaxes.

    1. Stop squandering my money on cheap, subsidized fossil fuels that never include the long environmental costs.

  2. If electric cars were a good idea, then there would be no problem for them. The fact that they even exist are liberals wanting to feel good about themselves. Little they know it’s neither good economics or green…but what do you expect, they are liberals after all…

    1. unrelated & politically motivated comments by @johnb .
      Moderator should remove such comments; it wastes everyone time.

  3. I do not understans the point of this survey? Katie did you not read that Fisker has 2 recalls unrelated to the fact it was a plug-in hybrid or that hurricane sandy wiped out 338 cars, unrelated electric cars. Sorry your story is again another cheap trick to attack Fisker for unrelated purpose…

    1. Katie Fehrenbacher john Tuesday, May 7, 2013

      @john, not only did I read about them, I reported on them. Not sure why you think asking readers their opinions on topics is cheap — unusual perspective.

      1. Katie if you reported them then you should know that the issues Fisker suffered have nothing to do with electric cars, so what is the purpose of the topic. I think its great to get reader opinion, but not the way you have done it. In legal terms its called leading the witness and typically in a court room you would be ‘objected to!

  4. Katie since you have a soft spot for Tesla, I would suggest you focus on Tesla. Fisker is already weak and in the emergency room. Once Republicans are done killing Fisker, Tesla is the next target for them to prepare for the next election!!!!

  5. lisa runnels Tuesday, May 7, 2013

    SELL THE COMPANY AND THE DEBT AND THE PROBLEMS TO THE UNITED ARAB EMIRATES—THEY ARE WIZARDS AT PROBLEM SOLVING AND THEY COULD MAKE THIS CAR THIER OWN—-BEAUTIFUL CAR—BEAUTIFUL COUNTRY—THEY CAN AFFORD THIS VENTURE————THEY LOVE A CHALLENGE——-

  6. I definitely agree that it shouldn’t have an impact on other electric cars. Fisker has been a mismanaged company–that’s always been their problem. Any more money, whether it’s our money or Bieber’s, is going to be a complete waste with the current management in place. The brand needs to be bought by a company who has a knowledgeable manufacturing, engineering, and marketing team–not one run by guys who are getting rich off of our money.

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