Quick access to main page (top) Direct access to main contents Quick access to main page (bottom)

Fisker Inc. Prepares for Possible Bankruptcy Filing

globalautonews Views  

According to The Wall Street Journal, Fisker Inc. has reportedly hired restructuring advisors to prepare for a possible bankruptcy filing. The company is currently facing a challenging period, with the possibility of its stocks being delisted due to recent declines. In its latest annual report, Fisker warned that it may be unable to continue operations. It stated that its resources are insufficient to cover the next 12 months. While it does not necessarily lead to a company’s bankruptcy, it will draw investor attention to the increased risk, thereby protecting itself from possible investor lawsuits, especially in the U.S., should a bankruptcy occur.

News of Fisker seeking a partnership with Nissan for electric trucks emerged shortly after the quarterly report was released. Fisker unveiled a pickup truck concept called “Alaska” in 2023, resembling the Nissan Frontier.

Fisker recently announced two study models, Pear and Ronin.

Fisker does not have its own production facilities. The Ocean is being contract-manufactured by Magna, and Fisker has partnered with Foxconn in Taiwan for “Pear.” It is also reported to be in negotiations with other major companies.

While The Wall Street Journal cannot guarantee certainty, it seems clear that Fisker is facing management difficulties.

globalautonews
content@viewusglobal.com

Comments0

300

Comments0

[BUSINESS] Latest Stories

  • Honda's NSX Returns: A 1,000-Horsepower Electric Rival to Lexus LFR
  • Honda’s S7 Electric SUV: A Major Player in the Race for EV Dominance
  • Lamborghini's First EV: A 2,000-Horsepower Beast Built for Speed and Emotion
  • Ford Revives Classic Design with the 2025 Bronco Heritage Edition
  • ID.EVERY1: Volkswagen's $21K Electric Vehicle Aims to Make Green Driving Accessible
  • Toyota’s bZ3X SUV Surges with 10,000 Pre-Orders: A New Era in EVs

You May Also Like

  • 1
    Experts Warn: Toss Your Expired Sunscreen Before It Hurts Your Skin

    LIFESTYLE 

  • 2
    New Drug Helps Patients with Myasthenia Gravis Breathe and Speak Easier

    LIFESTYLE 

  • 3
    Bristol-Myers’ Schizophrenia Drug Falls Short in Key Trial

    LIFESTYLE 

  • 4
    Novavax COVID Vaccine Still on Hold—More Trials Needed, Says FDA

    LIFESTYLE 

  • 5
    Want to Lower Your Blood Pressure? Eat More Bananas, Study Says

    LIFESTYLE 

Popular Now

  • 1
    Weekend Workouts Are Enough to Cut Diabetes Risk, Study Says

    LIFESTYLE 

  • 2
    Brushing Right After Eating Could Hurt Your Teeth—Here’s Why

    LIFESTYLE 

  • 3
    Early Bedtimes Could Help Teens Boost Brain Power, Study Finds

    LIFESTYLE 

  • 4
    Scientists Find a New Reason to Snack on Walnuts

    LIFESTYLE 

  • 5
    It’s Not Just How Long You Sleep—It’s How You Sleep That Matters

    LIFESTYLE 

Must-Reads

  • 1
    Experts Warn: Toss Your Expired Sunscreen Before It Hurts Your Skin

    LIFESTYLE 

  • 2
    New Drug Helps Patients with Myasthenia Gravis Breathe and Speak Easier

    LIFESTYLE 

  • 3
    Bristol-Myers’ Schizophrenia Drug Falls Short in Key Trial

    LIFESTYLE 

  • 4
    Novavax COVID Vaccine Still on Hold—More Trials Needed, Says FDA

    LIFESTYLE 

  • 5
    Want to Lower Your Blood Pressure? Eat More Bananas, Study Says

    LIFESTYLE 

Popular Now

  • 1
    Weekend Workouts Are Enough to Cut Diabetes Risk, Study Says

    LIFESTYLE 

  • 2
    Brushing Right After Eating Could Hurt Your Teeth—Here’s Why

    LIFESTYLE 

  • 3
    Early Bedtimes Could Help Teens Boost Brain Power, Study Finds

    LIFESTYLE 

  • 4
    Scientists Find a New Reason to Snack on Walnuts

    LIFESTYLE 

  • 5
    It’s Not Just How Long You Sleep—It’s How You Sleep That Matters

    LIFESTYLE 

Share it on...