US EditionElectric-Vehicle Startup Fisker Files for Bankruptcy
- Fisker, the electric vehicle maker, filed for Chapter 11 bankruptcy protection following struggles to expand beyond early adopters, becoming the second electric startup to do so in a year.
- Fisker Group Inc. Reported assets between $500M and $1B, liabilities between $100M and $500M, with 200-999 creditors in their Chapter 11 filing.
- Fisker aims to restructure debt and sell assets to save operations after cash depletion from Ocean SUV production attempts.
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Fisker files for bankruptcy protection, the second electric vehicle maker to do so in the past year
Electric vehicle maker Fisker filed for Chapter 11 bankruptcy protection, the second electric startup to do so in the last year as even industry leaders struggle to lure more buyers
·United States
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Total News Sources99
Leaning Left21Leaning Right15Center30Last UpdatedBias Distribution45% Center
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- 45% of the sources are Center
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R 23%
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