Fisker, after pausing production of its sole car model, filed for Chapter 11 bankruptcy protection, facing manufacturing issues, cash flow problems, and inability to score its incomplete Ocean EV in tests.
Despite reporting $273 million in sales last year, Fisker accumulated over $1 billion in debt and expressed uncertainty about its future, leading to failed negotiations with a large automaker for investment and joint development.
[
add
]
[
|
|
...
]