Photo: Fabrice Coffrini/AFP via Getty Images

Fisker, one of the many electric-vehicle startups with big plans to make cars but no actual production yet, could soon become a public company.

Why it matters: If Fisker has a successful public launch, it'll be yet another sign that the market hive-mind sees something in electric-vehicle startups that aren't yet reflected in their actual financials.

Driving the news: Reuters reported Thursday that Fisker is in talks to start trading via sale to a so-called blank check acquisition company — essentially an already public firm that Fisker would inhabit.

  • The reported discussions come after Nikola Motors, an electric and hydrogen fuel cell truck company, started trading via such a transaction last month and saw its shares quickly soar.
  • Nikola hasn't started building trucks. Fisker doesn't plan production of its SUV until 2022.
  • Tesla is a relative graybeard, but it has an astonishing market cap (around $260 billion, largest in the whole auto industry) even though it's not yet consistently profitable.

The bottom line: Electric vehicle startups remain a tiny share of the market, but the ability of companies to attract investor interest — indeed Fisker just raised another $50 million and Karma Automotive just raised another $100 million — underscores how the transition is underway, and investors want in early.

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BMW plans to make sustainability a "central" focus

Photo: Jan Woitas/picture alliance via Getty Imagesd

The BMW Group said Monday that it will make sustainability "central to the company’s strategic direction" as it rolled out new climate goals and revealed fresh details about its electric lineup.

Driving the news: The German automaker said it's setting emissions targets for 2030 that apply to vehicles' "entire lifecycle," including supply chains, production and use.

Elon Musk's chaos theory is paying off for Tesla — for now

Data: FactSet; Chart: Andrew Witherspoon/Axios

Tesla is enjoying arguably the best stretch of its 17-year history — despite a shambling economy, CEO Elon Musk's latest PR grenades, manufacturing quality concerns, and circling would-be competitors.

Why it matters: Beyond being a fascinating corporate drama, Tesla's success affects the pace of electric vehicle adoption, especially in the U.S., where it dominates what's still a rather niche market.

24 mins ago - Health

Axios-Ipsos poll: Fear of voting

Data: Axios/Ipsos poll; Note: ±3.0% margin of error for the total sample; Chart: Andrew Witherspoon/Axios

Democrats are twice as likely as Republicans to worry about in-person voting — with nearly two in three seeing it as a large or moderate risk to their health — according to this week's installment of the Axios-Ipsos Coronavirus Index.

Why it matters: This could pose a significant disadvantage for Joe Biden and other Democratic candidates in November if the pattern holds — especially in states where high infection rates persist, or where there are significant hurdles to mail-in, absentee or early voting.