Fisker Claims 4 Automakers Are In Talks To Buy Out The Struggling EV Startup

Photo: Fisker We learned last month that despite Fisker beginning production on its Ocean SUV, the startup automaker lost nearly half a billion dollars last year and desperately needed a bailout. Nissan was reportedly in negotiations to give Fisker $400 million, but that apparently fell through, so it looked like bankruptcy was the only option. … Read more

Fisker Lost Millions In Customer Payments And Had To Do An Internal Audit: Report

Fisker is in a state of disarray right now. The company continues to inch closer to bankruptcy, and the only car it sells right now, the Ocean EV, just had prices on its remaining inventory heavily slashed as the automaker attempts to move more metal in the face of falling stock prices. What’s been going on … Read more

Fisker Slashes Ocean Prices To Less Than $25,000, But That’s Still Probably Too Much Money

Photo: Fisker Electric startup Fisker is in a bad spot right now. It’s running out of cash and desperately needs a bailout, but any negotiations with legacy automakers that may have been interested in investing appear to have stalled, and trading of its shares has halted. If you needed further proof that bankruptcy is just … Read more

Do You Own A Fisker? We’d Love To Hear From You

Photo: Fisker We’ve written a lot about Fisker recently, and none of it has been what an automaker’s public relations department would consider “positive coverage.” All signs point to bankruptcy being inevitable, as it no longer looks like any major automakers are interested in offering Fisker the lifeline it so desperately needs. And while plenty … Read more

Fisker Is Running Out Of Options As Stock Trading Halts And Merger Deal Falls Apart

Nascent automaker Fisker is in deep shit right now. Talks with a large automaker for a potential deal have apparently collapsed, and now trading of company shares on the stock market has been halted. The Chevy Trax and Buick Envista Are Ideal Commuter Cars | WCSYB? All this news comes amid growing concern that the … Read more

American Automakers Doing What They Can To Avoid Building EVs

Happy Friday! It’s March 15, 2024 — the Ides of March — and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are the important stories you need to know. GM Just Cant Seem To Quit The Chevy Bolt 1st Gear: U.S. Automakers … Read more

EV startup Fisker is fighting for survival

Henrik Fisker, a widely respected Danish automotive designer, joined the battle for electric vehicle dominance in 2007 with his first endeavor, Fisker Automotive, but failed. The company ended with his resignation and bankruptcy in 2013. Now the designer-turned-CEO is back and determined to get it right. In 2016, he came back with a new company … Read more

Fisker Lost Nearly Half A Billion Dollars Last Year And Now Desperately Needs A Bailout

Photo: Fisker On paper, the Fisker Ocean is a pretty compelling electric crossover. The front-wheel-drive version starts just under $39,000 and offers 231 miles of range, but if you upgrade to the mid-tier $53,000 version, you get 350 miles of range, all-wheel drive and a sub-four-second zero-to-60 mph time. Still, Fisker and the Ocean have … Read more

Firefighters Aren’t Prepared To Deal With The EV Fire Risk

Good morning! It’s Friday, March 1, 2024, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are the important stories you need to know. 1st Gear: Research Needed To Prepare Firefighters For EV Blazes Cars burst into flames all the time and, … Read more

Biden Could Delay EV Switch As Auto Industry Pressure Mounts

Good morning! It’s Monday, February 19, 2024, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are the important stories you need to know. Behind The Scenes of “007: Road To A Million” 1st Gear: Biden Braced For Battery Backtrack After states … Read more