article thumbnail

Fisker temporarily lost track of millions of dollars worth of customer payments: report

Teslarati

Electric vehicle startup Fisker has reportedly lost track of millions of dollars worth of customer payments as the company attempted to scale the deliveries of its only vehicle available today — the Fisker Ocean. Consumer Reports also observed that the Fisker Ocean they purchased had a notably high destination charge at $2,438.

Fisker 100
article thumbnail

Fisker Ocean Extreme achieves EPA range of 360 miles; longest of any new electric SUV under $200k

Green Car Congress

Fisker announced that as of 31 May, the all-electric Fisker Ocean Extreme (starting price $68,999) has an Environmental Protection Agency-estimated total range of 360 miles on standard 20" wheels and tires, exceeding Fisker’s previous estimates. The CARB Executive Order grants the Fisker Ocean Extreme the maximum 4.0

Fisker 221
article thumbnail

Fisker hires restructuring advisers to assist with a potential bankruptcy filing: report

Teslarati

Electric vehicle maker Fisker has sparked potential bankruptcy filing speculations after a report emerged stating that the company had hired restructuring advisors. The move follows Fisker’s statement in February, which indicated that its “current resources are insufficient to satisfy its requirements” for the next 12 months.

Fisker 110
article thumbnail

Fisker embraces discount mode by cutting prices drastically to keep its doors open

Teslarati

Fisker has embraced a full-blown discount mode by cutting prices on the Ocean EV drastically in an effort to keep its doors open amid rumors that it is on the verge of bankruptcy. Fisker slashed prices on the Ocean EV by as much as $24,000 on some trims. The least severe discount it will offer is $14,000.

Fisker 65
article thumbnail

Fisker announces 15% staff layoffs, delays 2023 Form 10-K filing to mid-March

Teslarati

Electric vehicle maker Fisker Inc. announced a 15% workforce reduction on Thursday as it warned that its current resources were likely insufficient to cover the coming 12 months. Fisker’s stock price plummeted 37% after trading hours following the update. Fisker expects to file its 2023 Form 10-K by March 15, 2024.

Fisker 81
article thumbnail

Clean Diesel Technologies, Inc. supplying catalysts to Fisker for Karma; tackling the cold-start problem

Green Car Congress

(CDTI) is supplying emission aftertreatment catalysts utilizing its patented mixed phase catalyst (MPC) technology for the Karma, Fisker’s new plug-in gasoline-electric hybrid luxury sedan, which starts shipping to both European and US retailers this month. —Charles Call, Chief Executive Officer of Clean Diesel.

Karma 199
article thumbnail

EnerDel Signs Letter of Intent to Supply Lithium-Ion Batteries to Fisker Automotive; Inaugurates New Manufacturing Line

Green Car Congress

EnerDel and Fisker, the independent American carmaker developing a line of plug-in vehicles for the global market, have signed a letter of intent for a potential long-term battery supply agreement. The Fisker Karma is scheduled to be the first OEM plug-in hybrid electric vehicle (PHEV) on the US market in June 2010. Source: EnerDel.