Remove Auto Remove Financing Remove Fisker Remove News
article thumbnail

Fisker creates “Fisker Finance” with JPMorgan Chase and Santander

Teslarati

Fisker has announced that through its mobile app, customers will soon be able to finance their vehicle via a partnership with JPMorgan Chase Bank in the US or Santander Bank in Europe. In addition to finance, the app will also be updated to allow customers to make other purchases. What do you think of the article?

Fisker 119
article thumbnail

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.

Fisker 88
article thumbnail

Audi Q6 E-Tron review, Fisker pause, Rivian Tesla adapter: Today’s Car News

Baua Electric

Fisker sends out a mix of optimism and warning signs. In a first drive of the 2025 Audi Q6 E-Tron , we saw the promise in Audi’s first fully conceived, best executed EV—thanks in part to the new PPE platform it shares with the Porsche Macan EV. Rivian sets its drivers up for using Tesla Superchargers. Privacy Policy.

Fisker 52
article thumbnail

Out of charge: Fisker files for bankruptcy, again

Baua Electric

Fisker in a statement said it has sought Chapter 11 bankruptcy protection with a court in Delaware, and that it is currently in talks with creditors over debtor-in-possession financing and the sale of remaining assets. The move comes roughly a year after the start of deliveries of the Ocean, Fisker’s debut model.

Fisker 52
article thumbnail

Panasonic seeks to expand business in the auto industry 

Teslarati

Panasonic Automotive’s US technology chief, Andrew Poliak, shared with Automotive News that the department is looking into producing infotainment systems, cameras, head-up displays, and audio systems. Panasonic seeks to build deeper relationships and make new ones with tech giants and automakers at CES 2024 to reach its goal.

article thumbnail

Fisker pauses production, with glut of undelivered EVs

Baua Electric

Fisker has paused production of its Ocean electric SUV for six weeks as it seeks to draw down inventory and secure additional financing. To the funding point, Fisker confirmed Monday that it has secured “a financing commitment from an existing investor” of up to $150 million.

Fisker 52
article thumbnail

Fisker (FSR) stock falls after failing to make an interest payment, pauses EV production

Baua Electric

EV startup Fisker (FSR) is pausing EV production for six weeks as its financial struggles worsen. Fisker looks to get its finances in order after failing to make an interest payment. The EV maker did get a commitment for up to $150 million in financing, but will it be enough? million on March 15, 2024.

Fisker 52