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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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Fisker pauses production, gains funding commitment amidst financial woes

Teslarati

Fisker will pause production of its electric vehicles (EVs) for six weeks, and the company also says it has received a financial commitment of up to $150 million amidst financial concerns. Fisker also says it has delivered around 1,300 EVs so far this year. BusinessUpdate We have received a financing commitment of up to $150 million.

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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. And Audi’s next electric SUV shows the next level of EVs from the brand. 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.

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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.

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Fisker adds new US dealer and several more in Europe as extreme price cuts take effect

Baua Electric

California-based EV startup Fisker signed a new dealer in Miami and several in Europe as it fights to turn things around. After announcing massive price cuts on its Ocean electric SUV last month, Fisker looks to grow its dealer network. Fisker Ocean electric SUV (Source: Fisker) “Time will tell what happens.

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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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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.

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