(Reuters) – Fisker has asked a bankruptcy judge overseeing its Chapter 11 proceedings to approve the sale of more than 3,000 Ocean electric SUVs in its inventory for about $14,000 per car to a vehicle-leasing company. Following the judge’s nod, Fisker will be able to offload 3,321 electric vehicles to New York-based American Lease for […]
(Reuters) -Electric-vehicle firm Fisker is recalling more than 12,000 Ocean vehicles to fix an issue where exterior door handles can stick and fail to open, the company said on Friday, marking its third recall this month. The U.S. National Highway Traffic Safety Administration (NHTSA) has four open investigations into a variety of issues related to […]
By Dietrich Knauth NEW YORK (Reuters) – Electric vehicle startup Fisker is headed towards a liquidation, attorneys said in U.S. bankruptcy court on Friday, as two creditor factions previewed a battle over which group will be paid first. Fisker filed for bankruptcy protection in Delaware on Monday after burning through cash in an attempt to […]
Electric vehicle maker Fisker filed for Chapter 11 bankruptcy protection, the second electric startup to do so in the last year as even industry leaders struggle to lure more buyers beyond the early adapters of the technology. Fisker Group Inc. said in a filing with the U.S. Bankruptcy Court in Delaware that its estimated assets […]
Electric vehicle maker Fisker filed for Chapter 11 bankruptcy protection, the second electric startup to do so in the last year as even industry leaders struggle to lure more buyers beyond the early adapters of the technology. Fisker Group Inc. said in a filing with the U.S. Bankruptcy Court in Delaware that its estimated assets […]
(Bloomberg) — Fisker Inc. filed for bankruptcy on Monday, months after the electric-vehicle startup stopped production of its only model, the oft-malfunctioning Ocean SUV. Most Read from Bloomberg The company listed between $500 million and $1 billion of assets, and between $100 million and $500 million of liabilities, in its petition filed in Delaware. The […]
STORY: U.S. electric vehicle maker Fisker filed for bankruptcy protection late Monday. It’s looking to sell assets and restructure its debts. The firm has been hit by a rapid cash burn while it tries to deliver its “Ocean” EVs in the U.S. and Europe. Founded by auto designer Henrik Fisker, the firm had first flagged […]
-U.S. electric vehicle (EV) maker Fisker filed for bankruptcy protection late on Monday as deal talks with a big automaker collapsed, exposing the startup to the fallout of a rapid cash burn to deliver its Ocean SUV in the United States and Europe. The company’s unit, Fisker Group Inc, filed for Chapter 11 bankruptcy in […]
Struggling EV startup Fisker reportedly laid off hundreds of employees last week in a bid to stay in business as it continued to search for funding, a buyout or prepare for bankruptcy. According to techcrunch.com, workers suspected layoffs were coming when the company directed everyone to work from home, an out of character directive, according […]
Struggling EV startup Fisker has laid off hundreds of employees in a bid to stay alive, as it continues to search for funding, a buyout or prepare for bankruptcy. Workers suspected layoffs were coming when the company directed everyone to work from home on Wednesday — an out-of-character directive, according to multiple current and former […]
Henrik Fisker stood on a stage last August and proudly debuted two prototypes designed to catapult his eponymous EV startup Fisker into the mainstream. There was the Pear, a low-cost EV meant for the masses, and the Alaska, Fisker’s entry into the red-hot pickup truck market. In the weeks that followed, Fisker stopped paying the […]
Fisker has been floating in the danger zone, teetering on the brink of complete collapse, for months now. That state of limbo looks dramatic from a business standpoint, but the impact on Fisker owners is coming into clearer focus. A recent story from an early Fisker Ocean buyer highlighted the challenges faced by people who […]