The Scam is falling apart
US electric vehicle start-up Fisker files for bankruptcy
A major electric carmaker, once valued at $4.4 billion, has filed for bankruptcy citing inflation woes and production problems.
https://www.news.com.au/technology/...y/news-story/86952dbc5385fe7613091b8a5a141788
US electric carmaker Fisker said it filed for bankruptcy on Monday, citing inflation woes and production problems.
Fisker is in “advanced discussions with financial stakeholders” over the sale of its assets, according to a company statement announcing the bankruptcy proceedings published overnight into Tuesday.
“Like other companies in the electric vehicle industry, we have faced various market and macroeconomic headwinds that have impacted our ability to operate efficiently,” it added.
Fisker has been in financial difficulty for months and had already halted the production of its Ocean model, which was launched in 2022.
The company was valued at $US2.9 billion ($4.4 billion) when it went public in 2020, through a merger with a subsidiary of investment firm Apollo.
In February, founder Henrik Fisker reflected on a challenging 2023 with delays for parts, labour issues, and high inflation hitting demand.
The Scam is falling apart US electric vehicle start-up Fisker...
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