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Fisker Inc. bankruptcy looms as latest SEC filing shows it has defaulted on a $3.5 million loan

Fisker bankruptcy

A recent 8-K filing submitted by Fisker Inc. is painting a grim picture for the EV automaker’s future. The filing states that Fisker failed to pay back a loan totaling close to $3.5 million last month, lowering a potential curtain on the second iteration of the company that is staring down the barrel of potential bankruptcy.

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Fisker files bankruptcy equivalent in Austria to gain ‘breathing room’ amid Ocean production halt

Fisker bankruptcy

It has been a turbulent couple of months since Fisker Inc. posted its Q4 2023 financial report and relayed concerns it could continue business in EVs. Fisker’s Austrian arm has reportedly filed for reorganization and court protection from creditors – the equivalent to Chapter 11 Bankruptcy in the US.

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Fisker slashes MSRPs of Ocean trims by tens of thousands as it fights to stay in business

Fisker Ocean

Fisker Inc. is continuing a trying month of March as it claws at the hole it has found itself in, staring down the barrel of potential bankruptcy. With a potential shuttering of its doors looming, the American EV automaker is now pulling every lever to maximize revenues, including unprecedented discounts on its lone model, the Fisker Ocean.

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Fisker Q4 report: ‘Substantial doubt’ it can continue, seeks investment from ‘large automaker’

Fisker bankruptcy

Fisker has shared preliminary details of its Q4 and full fiscal year 2023 results, and they’re… not great. Revenue is up for the quarter, but cash on hand is dwindling, causing the American EV automaker to express “substantial doubt” about its ability to move forward. That said, Fisker Inc. has some negotiations in the works to gain more runway, including a potential deal with a large OEM.

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Fisker (FSR) dials back its 2023 production targets yet again as it fights to keep going

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American EV automaker Fisker Inc. recently shared a business update, outlining several changes in the works, including leadership moves, accelerated deliveries, and potential partnerships with other OEMS. However, one less encouraging update is Fisker’s announcement it is once again lowering its production targets for the year to prioritize liquidity.

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Fisker lowers price of Ocean Extreme trim before raising MSRP of its 2024 models next month

Fisker-price-cuts


As Fisker looks to hit its production stride (and annual output target) going into Q4, it’s also preparing for its 2024 model year. Beginning today, Fisker has lowered the price of its top-tier Ocean Extreme trim by $7,500 – but if you’re looking to get any other version of Ocean, best to buy now, as MSRPs are set to see some price increases when the 2024 models go on sale next month.

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Fisker shares new details of Alaska pickup, including battery sizes and ‘world’s largest cupholder’

Fisker Pickup

Two full weeks after first unveiling its all-electric pickup prototype in California, Fisker Inc. is looking to pull some of the spotlight from Monterey and put it back on Alaska… the BEV, I mean. The American automaker shared new details of its first electric pickup this morning, including battery options and 0-60 mph estimates. Oh, and a slew of new images.

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Fisker teases best look at the Ronin super GT to date, says it anticipates 600 miles of range

Fisker Ronin

Fresh off the first US deliveries of its flagship SUV, the Ocean, the EV automaker’s chairman and CEO teased its third model on social media – a convertible GT called the Fisker Ronin. We still don’t know much about this EV yet (Fisker still needs to deliver a model before this one), but we do know the automaker is planning to deliver BIG range, and shared our best look of the super GT below.

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Fisker finally kicks off first US Ocean deliveries, where else but California

Fisker US deliveries

Two and a half years after beginning development of its flagship EV, the Ocean, Fisker Inc. is delivering it to its first US customers. As a Southern California-based automaker selling an EV named after the water it’s headquartered near, it is quite on-brand that the first US deliveries of the Fisker Ocean begin in the Golden State. Here’s the latest.

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Fisker to sell and possibly build Ocean EVs in China, expects first deliveries in early 2024

Fisker China

Fisker Inc. announced that it will soon begin selling (and possibly producing) its flagship Ocean SUV in China. Executives from the American automaker recently visited Shanghai and discussed collaboration opportunities in the country, which has enabled plans for a delivery center opening this year followed by first Ocean deliveries in 2024.

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Fisker Ocean Extreme gets 360 mile EPA range ahead of US deliveries expected this month

Fisker Ocean range

Reservation holders who have been waiting patiently for Fisker Ocean deliveries to begin here in the states may see the new SUV in their driveways as early as this month… as long as they sprang for one of the top tier trims. Fisker is reporting that the Ocean Extreme SUV has been certified for US sales by the EPA and garnered a 360 mile estimated range. Not bad.

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Fisker (FSR) Q1 2023 report: 55 Ocean SUVs built, two delivered, guidance drops, PEAR delayed

Fisker Ocean

Fisker Inc. has released its Q1 financial report for 2023, and although there is some room for celebration as early deliveries of its flagship SUV (sort of) roll out, there is much work to be done on the production side to come close to previously announced output guidance. Today also brought a progress update of the Fisker PEAR, a new version of the Ocean, and plans for more EVs.

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Fisker opens two new customer spaces in Germany, CEO claims its first Ocean delivery

Fisker Germany

Mere days after delivering its first Ocean SUV to a lucky customer in Europe, the team at Fisker Inc. has popped up in Germany, cutting the ribbon on two new customer-dedicated facilities in the country. The new Fisker Lounge and showroom also kick off the start of Ocean SUV reservations in the country as well as operations at the American automaker’s new European HQ.

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Fisker Ocean deliveries are now days away in Europe, but US customers will have to wait

Fisker Europe

Fisker Inc. has just confirmed regulatory certification in Europe that will allow sales and deliveries of the first Ocean SUVs to reservation holders. Fisker has taken a unique dual homologation process for both Europe and the US simultaneously, and while deliveries overseas appear just over a week away, reservation holders in the US might have a wait quite a bit longer.

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Fisker (FSR) Q4, full 2022 results: 56 Ocean EVs built, 0 customer deliveries, new PEAR images

Fisker Q4 2022

Fisker Inc. shared its Q4 and full 2022 results with investors this morning, detailing the progress of its flagship Ocean SUV; an update on its second EV model, the PEAR; and a report of operational results that were “better than expectations.” While the American automaker continues its work to deliver its first EV to customers, it is projecting positive growth numbers in 2023. More below.

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Fisker Ocean SUV commences production in Austria on schedule

American EV automaker Fisker Inc. has just hit a major company milestone years in the making. Contract manufacturer Magna Steyr has officially begun production of the Fisker Ocean SUV at its carbon neutral facility in Graz, Austria. With Magna’s help, this second iteration of the Fisker brand continues to prove the naysayers wrong while moving to deliver a truly unique looking EV.

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Fisker partners with Wallbox to bring competitively priced chargers to Fisker EV owners

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Fisker continues building momentum as the Southern California-based EV maker announced Tuesday it will partner with Wallbox to offer its EV charging solutions to Fisker electric vehicle owners. The new partnership is designed to accelerate the transition to EVs, giving Fisker owners a cost-effective home charging option.

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Fisker officially unveils Ocean SUV in three price tiers and lots of unique features

Fisker Ocean Price

Los Angeles-based Automaker Fisker Inc. turned a new page in its history today with the official debut of its flagship EV, the Ocean SUV. The Ocean is an EV we have covered closely over the past two years leading up to its unveiling at the LA Auto Show this morning. Following a presentation by founder and CEO Henrik Fisker, we now know the specs, price tiers, and added features consumers can expect to see on the Ocean when deliveries begin next November.

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