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Fisker files for Chapter 11 bankruptcy protection

Teslarati

Fisker Group Inc. In a press release, the EV maker noted that it was in advanced discussions with financial stakeholders about debtor-in-possession financing and the potential sale of its assets. As noted in a report from the Associated Press , Fisker estimates that its assets are between $500 million and $1 billion.

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Panasonic seeks to expand business in the auto industry 

Teslarati

Panasonic Automotive already formed relationships with companies in the industry, like Amazon and Fisker. Panasonic Automotive also teamed up with automaker Fisker to create an audio system. In November 2022, Panasonic and Fisker debuted the Pulse audio system for two variants of the Fisker Ocean.

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DOE taking steps to revitalize Advanced Technology Vehicles Manufacturing (ATVM) Loan Program

Green Car Congress

The LPO made a total of 5 awards; the other four were: $529 million to Fisker (discontinued). The US auto industry has evolved since the ATVM Program was established and today we are presented with an opportunity to hit the accelerator on US auto manufacturing growth. 5.907 billion to Ford (closed).

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The time has come: Fisker has filed for bankruptcy

Baua Electric

After many signals suggesting that it would happen, Fisker has officially filed for bankruptcy. The chapter 11 filing came late Monday night in Delaware, where Fisker is incorporated. Soon after, Fisker posted a statement on its website. LOS ANGELES (June 17, 2024) – Fisker Group Inc. Fisker Inc. Fisker Inc.

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As EV Sales Stall, Plug-In Hybrids Get a Reboot

Cars That Think

Its almost been a religion that its EVs or bust, so lets not fool around with hybrids or hydrogen, says Michael Dunne , CEO of Dunne Insights , a leading analyst of Chinas auto industry. The short-lived 2012 Fisker Karma took a similar approach. Big players, including Geely Auto and SAIC Motor Corp. ,

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A 100 m.p.g. truck? A Bright IDEA | Freep.com | Detroit Free Press

Tony Karrer Delicious EVdriven

Three years ago, the magazine Popular Mechanics even wrote an article prodding the auto industry for not building the 100 m.p.g. based Fisker plans to produce just 15,000 plug-in hybrids a year, starting later this year, with pricing to start at $87,900. • MORE: "How to Build a 100 Mile-Per-Gallon Car. Yep, a truck.

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One way or another, Fisker Automotive may soon be off the market

Green Car Congress

Two German investors, Ingo Voigt and Fritz Nol, announced their intent to buy Fisker Automotive, the failing plug-in hybrid car company, on 11 September. The team submitted a detailed offer to the US Department of Energy (DOE) along with a letter of intent for restructuring Fisker. DOE auctioning off the Fisker loan.

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