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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 files for ‘reorganization’ in Austria after halting production

Teslarati

After electric vehicle (EV) maker Fisker halted production at its contract manufacturer’s plant in Austria, the company has now filed for reorganization and court protection in the country. comes as Fisker has warned of going bankrupt if it can’t find additional financing. What are your thoughts?

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Fisker is back on the brink of bankruptcy, shows filing

Teslarati

It appears Fisker is back on the brink of bankruptcy, as the company has highlighted in its latest filing with the U.S. Fisker filed its annual 10-K form with the SEC on Tuesday after the struggling electric vehicle (EV) maker announced it would have to delay filing of the 2023 report , missing a key interest payment in February.

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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. million from its previous level of $395.9 million ending 2023.

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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.

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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.