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Fisker confirms potential EV partnership with "large automaker"

Green Car Reports

Fisker is in talks with an unnamed "large automaker" for a potential investment, development of one or more EV platforms, and North American manufacturing. The announcement, first reported by Automotive News, came directly from Fisker's fourth-quarter 2023 earnings report Thursday.

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Fisker bailout deal falls through as it faces delisting from the stock market

Teslarati

Struggling electric vehicle (EV) maker Fisker has lost the opportunity for a financial bailout from a larger automaker, while the company’s stock price has also plummeted far enough to halt trading and initiate delisting procedures. This year alone, the company’s shares have fallen by over 90 percent of their value.

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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. To make matters worse, Fisker was de-listed from the NYSE, making it harder to raise funds.

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Panasonic seeks to expand business in the auto industry 

Teslarati

Panasonic seeks to expand its business in the automotive industry, starting with building relationships at CES 2024. The Japanese company’s automotive department—Panasonic Automotive Systems—aims to expand past battery cells for electric vehicles. It plans to delve into products that could prove lucrative.

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Fisker faces federal probes and potential delisting from stock exchange

Teslarati

Fisker has had a tough time getting its first battery-electric vehicle (BEV) product off the ground, and now the startup automaker is facing both federal probes and potential delisting from the stock exchange. Fisker produced over 10,000 of its electric Ocean SUVs last year, which was under a fourth of its initial production forecast.

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Struggling Fisker Could Get a $400 Million Lifeline from Nissan

The Truth About Cars

Things looked promising for Fisker at first, and the automaker actually delivered on its promise to design and manufacture a new EV. Even so, the automotive market is brutal and unforgiving, and Fisker’s fortunes have turned as it has had an uphill battle getting its new Ocean SUV out the door.

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QOTD: Which EV Startup Will Fail?

The Truth About Cars

I've been in the automotive media since late in 2007, and over the course of all that time, I've seen EV-focused startups come and go. But reality is harsh, and the truth is, most automotive startups fail. It's a minor miracle, really, that the likes of Tesla, Fisker, Lucid, and Rivian have gotten this far.

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