Currently reading: Fisker files for bankruptcy after rescue talks collapsed

American electric car maker will sell off its assets to repay creditors, having failed to raise crucial funding

Fisker's operating arm, the Fisker Group, has filed for bankruptcy, bringing an end to months of attempts to rescue the American electric car maker.

The firm raised concerns over its ability to continue operations in February, having lost $463.6m during the fourth quarter of 2023.

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whalley 18 June 2024

Thanks Autocar,

I was just about to buy a Fisker Ocean Extreme, hoping for just such a rescue. However, looking at the user forums (full of dead cars) and the now chances of any ongoing development or support, I have called it off. Such a shame really, but it serves to show how much investment is needed by the car makers before any cars are released to the general public, and why such big sales volumes are needed to recover the outlay one car at a time. Makes me question the strategy of Jaguar going forward on the back of only one electric car development. Surely their future can only lie with their superb mechanical experience tied to the electrical development pockets of a bigger manufacturer.

johnfaganwilliams 18 June 2024

Like Land Rover perhaps?

whalley 20 June 2024

No John, I meant much bigger. Someone with big volume development offset. Then yesterdays story emerged about the deepened relationship that JLR have with Chery. QED