Fisker Electric Vehicle Bankruptcy
Electric vehicle startup Fisker, founded by Henrik Fisker, has filed for bankruptcy protection for the second time after struggling to achieve commercial success. The company is in advanced discussions to sell its assets.
Key Points
- Fisker filed for Chapter 11 bankruptcy protection.
- The company is looking to sell its assets.
- Fisker struggled with sales strategy and financing.
- This is the second bankruptcy for an EV company founded by Henrik Fisker.
Pros
- Fisker vehicles have received critical acclaim for their design.
Cons
- Fisker has failed to achieve commercial success despite the positive design feedback.