Fisker Inc., a Los Angeles, CA-based e-mobility and technology company developing electric vehicles and proprietary solid-state battery technologies, received a strategic investment from Caterpillar Ventures.
The amount of the deal was not disclosed.
Caterpillar Ventures is a wholly owned subsidiary of Caterpillar, a manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives.
Founded by Henrik Fisker, the company is developing electric vehicles and proprietary solid-state battery technologies.
Its products include:
- Fisker ORBIT, an electric, connected and autonomous (driverless) shuttle for smart cities, campuses, and other geo-fenced routes.