E.V. Maker Fisker Files for Bankruptcy as Cash Runs Short
Briefly

Fisker's bankruptcy filing came after unresolved doubts about financial viability, missed production targets for the Ocean S.U.V., financial turmoil, and loan repayment default.
Fisker, despite delivering over 6,400 vehicles, faced delisting from NYSE, outsourced production, and is now looking to sell its assets worth $500 million to $1 billion.
Read at www.nytimes.com
[
add
]
[
|
|
]