TodayEco.com

01 Apr '13, 10pm

Video: Fisker CEO Tony Posawatz asks investors for patience, says new tech can take time

Video: Fisker CEO Tony Posawatz asks investors for patience, says new tech can take time

Tony Posawatz, president and CEO of Fisker Automotive , recently made the case for how Fisker and other cleantech companies can find the right investors. Speaking at a conference in Santa Barbara, CA, Posawatz said new clean technologies take years to be adopted and investors should be patient. Posawatz was interviewed by Wall Street Journal's Alan Murray during the newspaper's 2013 ECO:nomics conference March 20. Posawatz thinks that the future for cleantech companies like Fisker requires investors to adopt a different perspective. For one thing, you're investing in something that's way more than just a car. Posawatz said the Fisker Karma presents an opportunity to displace a lot of petroleum since it can be powered by the grid – and, in some areas, that mean moving your car with solar or wind power. Then there's the lithium ion battery pack. According to Posawatz, the co...

Full article: http://green.autoblog.com/2013/04/01/fisker-ceo-tony-posa...

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Fisker Automotive lays-off 160 employees

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