The inevitable has finally happened and Henrik Fisker’s second try at being a manufacturer has resulted in a repeat of Fisker 1.0.
, and will begin to sell its assets and restructure its debt. This is only four months after owner, Henrik Fisker ,that the company would potentially file sooner rather than later unless a large OEM stepped up to help it remain in business by injecting $350 million in funding. Rumors were that Nissan was that company, but the rumor was denied by the Japanese automaker and Fisker began looking for new options.
It also stated that it had secured up to $150 million in funding, but that was contingent on certain conditionsafter its shares lost 28 percent of their value. Clearly, the last ditch funding option didn't happen, and ultimately the only option leftAccording to Reuters, Fisker's assets are believed to be somewhere between $500 million to $1 billion, but its liabilities are estimated to be between $100 million to $500 million.
Inevitable-Landing Electrics Suv
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
With Fisker Bankrupt, The 'Lucid Ocean' Might Become A Real EVLucid applied for a trademark of “Lucid Ocean” for use on an “electrically powered automobile,” so it could be planning to use the name for one of its EVs.
Read more »
Fisker goes bankrupt, plans to sell off assetsHenrik Fisker has filed for bankruptcy for the second time on an EV company he's led.
Read more »
Fisker tried to out Tesla Tesla, and now it’s bankruptFisker finally declared bankruptcy, proving that trying to follow Tesla’s playbook isn’t exactly foolproof, especially when your name isn’t Elon Musk.
Read more »
Fisker Is Bankrupt. What Happens To Fisker Ocean EV Owners Now?Upstart automaker Fisker isn't quite dead yet. Here's what to expect regarding service and repairs, warranties, stock price, and resale value.
Read more »
We Tested A Fisker Ocean Across 1,500 Miles. Then Fisker Went BankruptWe had the Fisker Ocean to test for three weeks. Then the company declared bankruptcy.
Read more »
Test-Driving The Ocean: Does Fisker Deserve To Emerge From Bankruptcy?I am the editor of independent electric vehicle website WhichEV. I have 30 years’ experience as a technology journalist and a life-long love of cars, so having the two come together has been a dream come true. I first saw the potential for electric vehicles when I became one of the first people to drive a Nissan Leaf back in 2011.
Read more »