According to a recent report, the U.S. Department of Energy has decided to sell Fisker to Asia's Pacific Century Group.

According to a recent report, the U.S. Department of Energy has decided to sell Fisker to Asia's Pacific Century Group.

Details are limited but Reuters says the Pacific Century Group - which is led by Richard Li - won Friday's auction and is now hammering out the final details to complete the sale. There's no word on how much the investment group paid but bidders were reportedly required to make an offer of at least $30 (€21.9) million.

What happens next remains unclear as Fisker has laid off most their staff and hasn't built a car in the past year. However, the terms of the auction stated that the bids must promote U.S. engineering and manufacturing so it's possible that some employees could be recalled to work.