Caterpillar

Henrik Fisker has been sketching out big plans—well beyond cars—for the solid-state battery technology being developed by a Fisker Inc. team. And now it appears that the heavy-equipment maker Caterpillar has given it some vote of confidence. On Oct. 22, both companies announced that a Caterpillar-owned venture group invested in the nascent automaker's battery tech. The amount of the investment wasn't made public. Fisker originally intended to launch his flagship car, the EMotion, with LG Chem lithium-ion batteries when it’s due in 2020, he said. But more recently Fisker has...