Fisker's future has looked pretty bleak ever since partnership talks with Dongfeng and Geely broke down in March. However, a new report is indicating VL Automotive and the Wanxiang Group have submitted an offer to buy the company.

Fisker's future has looked pretty bleak ever since partnership talks with Dongfeng and Geely broke down in March. However, a new report is indicating VL Automotive and the Wanxiang Group have submitted an offer to buy the company through a prepackaged bankruptcy deal.

The terms of the deal remain shrouded in secrecy, but both companies have a vested interest in Fisker's survival as Wanxiang bought the Karma's bankrupt battery supplier and VL needs Karma components to put their Destino into widespread production.

At least one other offer is on the table and it apparently includes several European and Hong Kong-based investors who are willing to pay the $171 (€132) million in debt that Fisker owes the U.S. Department of Energy.

Any deal is likely to face its fair share of challenges and sources have warned that proposals could still fall apart.

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