Reported 1 day ago
Fisker, an electric vehicle startup founded by Henrik Fisker, envisioned a successful future led by its Ocean SUV. However, after its 2023 launch, the company encountered numerous production and safety issues, leading to missed targets and layoffs. By June 2023, facing severe financial distress, Fisker filed for Chapter 11 bankruptcy, marking a significant downfall for the once-promising enterprise. A timeline of key events reveals Fisker's struggles with production halts, safety investigations, and financial mismanagement, reflecting the challenges faced in the competitive EV market.
Source: YAHOO