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Fisker is the latest EV startup to declare bankruptcy
Fisker has declared bankruptcy in the United States after previously halting manufacturing.
"But like other companies in the electric vehicle industry, we have faced various market and macroeconomic headwinds that have impacted our ability to operate efficiently." Fisker also revealed in the report that it had produced 10,193 units of its sole EV available, the Ocean SUV, in 2023 but only delivered 4,929 vehicles. The decision to file for Chapter 11 protections adds Fisker to the ranks of other EV startups, such as Volta Trucks and Lordstown Motors.
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