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Fisker completes $50M financing; Huhnke named CTO

Green Car Congress

Fisker Inc. recently completed a $50-million Series C financing round funded by Moore Strategic Ventures, LLC, the private investment vehicle of Louis M. The proceeds will be used to support the next phase of engineering work on the Fisker Ocean all-electric luxury SUV, due for launch in 2022.

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Fisker pauses production, with glut of undelivered EVs

Green Car Reports

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 Ocean electric SUV starts at $37,499, pre-tax credit; leases for $379/mo

Green Car Congress

Fisker is pricing its new Ocean electric SUV with an MSRP of US $37,499. After the US federal tax credit is applied, the cost of the Fisker Ocean drops to a starting price of US$29,999 (US). Fisker will also offer a “$0 drive off” option through a fully financed $2,999 down payment for credit-approved customers.

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Fisker opens reservations for Ocean SUV; cost starts as low as $379/month

Green Car Congress

Fisker Inc. opened reservations for the Ocean electric luxury SUV, arriving in 2022, through its website and native mobile app—available globally on the App Store and Google Play store. The Fisker Ocean is targeted to begin production at the end of 2021, with the first high-volume deliveries projected for 2022.

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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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Fisker gets new funding and talent for development of Ocean EV

Green Car Reports

Electric-car startup Fisker Inc. announced Thursday that it had hired several new executives, and secured $50 million in funding for development of its Ocean SUV, due in 2022. The financing came through a Series C funding round led by Moore Strategic Ventures LLC, the private investment vehicle of Louis M.

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