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.
The company became the latest electric vehicle start-up to fail to meet investors’ expectations after a high-profile public debut. By Danielle Kaye Trevor Milton, who founded the truck company Nikola, ...
Add Yahoo as a preferred source to see more of our stories on Google. Following a bankruptcy filing from EV automaker, Fisker, the company’s former Southern California headquarters was abandoned and ...
The Dane's startup, Fisker Automotive, hasn't built a car in nearly a year. It fired most of its workforce, hired bankruptcy advisers and is seeking a buyer. Co-founder Henrik Fisker resigned in ...
After some rather questionable business decisions and a year of producing its flagship Ocean SUV, Fisker filed for Chapter 11 bankruptcy protection earlier this month. Owners are now scrambling to ...
Fisker Automotive looks to be headed towards bankruptcy protection. Automotive News reports the automaker could file Chapter 11 as soon as this week as the US Department of Energy attempts to get the ...