Canoo Files for Bankruptcy
Electric vehicle (EV) startup Canoo has officially filed for Chapter 7 bankruptcy, bringing an end to its seven-year attempt to carve out a space in the competitive EV market. The move follows months of financial […]
Bankruptcy court judge orders Fisker to pay Ocean recall costs
Fisker Ocean owners can breathe a small sigh of relief after a bankruptcy judge ruled the embattled EV startup would be responsible for the cost recalls. Fisker previously tried to shift the cost to the […]
Fisker Secures Court Approval to Sell Remaining Ocean SUVs
Fisker has received bankruptcy court approval to sell its remaining fleet of Ocean SUVs, some for as little as $2,500. This decision comes after the company significantly reduced the prices on vehicles that were initially […]
Fisker is recalling every Ocean SUV
Bankruptcy is not the only issue Fisker is dealing with, as the beleaguered EV maker recalls every Ocean SUV on the road. This time, the problem is with doors that may not open for passengers […]
Lucid rushes to grab failed Fisker’s Ocean trademark
Fisker might have filed for bankruptcy this week, but it appears the Ocean moniker for an electric vehicle may stick around, except not in the way you might expect. As the world waited for the […]
Fisker files for bankruptcy after months of teetering on the brink
Fisker has filed for bankruptcy in Delaware, after months of financial turmoil and rumours of investments to save the embattled automaker. According to the filing, Fisker has between $500 million and $1 billion in assets […]
Fisker announces reorganization in Austria amid financial struggles
In what might be a sign of the beginning of the end, the Austrian unit of Fisker has filed for reorganization. The latest move in Fisker’s struggle for survival has impacted its contract manufacturer, Magna Steyr, […]
Fisker facing bankruptcy in weeks without new investment, according to SEC filing
Fisker might commence bankruptcy procedures as early as the middle of May, according to a filing with the US Securities and Exchange Commission, SEC. The embattled company has not been able to attract an investor to secure a lifeline. Fisker defaulted […]
Fisker taking steps towards bankruptcy filing: Report
Fisker is reportedly on the brink of filing for bankruptcy, just two weeks after disclosing to investors the company may run out of cash within the next year. According to a report by the Wall […]
Lordstown Motors files for Chapter 11 bankruptcy
Lordstown Motors has filed for Chapter 11 bankruptcy protection and is up for sale. The move comes as Lordstown could not resolve a dispute with Foxconn over a promised investment. In addition to all of […]
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