Get the latest tech news

Henrik Fisker quietly wound down his nonprofit after his EV startup went bankrupt


Henrik Fisker, the founder of failed EV startup Fisker Inc., and his wife Geeta quietly wound down a private charitable foundation established in late

The brief existence of the Fiskers’ foundation is another example of how the boom of electric vehicle startups in the 2020s — many of which went public via special purpose acquisition company (SPAC) mergers — helped fuel a rush of wide-eyed optimism. Fisker’s stock price continued to slip as the company put its electric SUV into production in late 2022, began deliveries in mid-2023, and struggled to sell the flawed EV — all of which apparently limited the foundation’s scope. He previously worked at The Verge, where he also covered consumer technology, hosted many short- and long-form videos, performed product and editorial photography, and once nearly passed out in a Red Bull Air Race plane.

Get the Android app

Or read this on TechCrunch

Read more on:

Photo of EV startup

EV startup

Photo of Henrik Fisker

Henrik Fisker

Related news:

News photo

Inside the EV startup secretly backed by Jeff Bezos

News photo

TechCrunch Mobility: Tesla takes a hit, tariff chaos begins, and one EV startup hits a milestone

News photo

Henrik Fisker drops salary to $1 to keep Fisker Inc. bankruptcy case alive