When Fisker Inc. filed for Chapter 11 bankruptcy on June 17, 2024, it did more than imperil a startup. It sharpened a question the auto industry has been slow to answer: what happens to a vehicle that ...
Fisker on Monday became the latest all-electric vehicle startup to file for Chapter 11 bankruptcy protection amid lackluster consumer demand, significant cash burn and operational and product issues.
As vehicles become platforms for software and subscriptions, their longevity is increasingly tied to the survival of the ...
Fisker has been given the green light by a bankruptcy judge to sell more than 3,000 of its Ocean SUVs to a vehicle leasing company, a deal that will net the defunct EV startup a maximum of $46.25 ...
Failed electric vehicle maker Fisker is seeking court approval to sell its inventory for cheap. Techcrunch reported its cars would be sold to American Lease for 20% of what others paid for them. The ...
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Electric vehicle start-up Fisker has filed for bankruptcy after multiple failed attempts to salvage the company, including an attempted rescue deal that didn’t pan out. In a Chapter 11 filing Monday, ...
Add Yahoo as a preferred source to see more of our stories on Google. Fisker announced another round of layoffs during an all-hands meeting Wednesday morning. CEO Henrik Fisker said he wasn't directly ...