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 ...
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 ...
As vehicles become platforms for software and subscriptions, their longevity is increasingly tied to the survival of the ...
Fisker hopes to sell off its entire inventory of remaining Ocean SUVs in a deal that would bring the bankrupt EV startup up to $46.25 million it can use to pay its debts. Under the proposed deal, ...
As Fisker’s bankruptcy proceedings dragged on in 2024, Ocean owners’ dark prognosis improved. For now, American Lease, the company poised to license Fisker’s intellectual property in the US, seemed ...
After a long downward spiral, Fisker has once again filed for bankruptcy. It was hard enough to stand out in a market saturated with premium electric crossovers—forget trying to do so with an EV ...
When Fisker filed for bankruptcy, American Lease announced a deal to buy Fisker inventory and set up its own cloud platform to provide software updates and connected services. However, the company now ...
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 ...