2024-06-18 09:01:44

Fisker's Bankruptcy Highlights Challenges in Electric Car Industry

Image used under license from Shutterstock.com

Electric car manufacturer Fisker's recent bankruptcy filing sheds light on the difficulties facing the industry. The company's struggles with suppliers and software errors impacted its SUV model Ocean production, leading to a halt in operations.

Fisker's ambitious plans to deliver thousands of cars this year fell short, ultimately resulting in insolvency. The cooling demand for electric vehicles, financial woes, and unsuccessful investment discussions with major players like Tesla underline the challenges faced by emerging electric car manufacturers.

The press radar on this topic:

Spiegel Topmeldungen
18. Juni 2024 um 06:12

Electric car start-up Fisker goes bankrupt - DER SPIEGEL

Economy
Finance
The US electric car start-up Fisker is insolvent after negotiations with a major automaker failed. The company has filed for Chapter 11 bankruptcy as assets of about 500 million to one billion dollars are up against liabilities between 100 million and 500 million dollars. Fisker's problems are exacerbated by the difficult sales situation, the cooling demand for electric cars, and the restricted access to capital.
Heise News Wirtschaft
18. Juni 2024 um 07:46

Electric car manufacturer Fisker files for bankruptcy | heise autos

Economy
Finance
Electric car manufacturer Fisker has filed for bankruptcy as discussions about an investment failed. The production of the SUV model Ocean had already faced problems with suppliers and software errors. Fisker had planned to deliver 20,000 to 22,000 cars this year, but had to halt production.
Heise
18. Juni 2024 um 07:46

Electric car manufacturer Fisker files for bankruptcy | heise autos

Economy
Finance
Electric car manufacturer Fisker has filed for bankruptcy as discussions about an investment failed. The production of the SUV model Ocean had already faced problems with suppliers and software errors. Fisker had planned to deliver 20,000 to 22,000 cars this year, but had to halt production.
n-tv.de
18. Juni 2024 um 07:24

Tesla Challenger Fisker Files for Bankruptcy: E-Car Maker Seeks Chapter 11 Protection - n-tv.de

Economy
Finance
The Tesla challenger Fisker has filed for bankruptcy as the company is facing financial troubles. Issues with sales numbers and investments led to the decision to seek creditor protection under Chapter 11 of the US bankruptcy law.
CW

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