fisker
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Struggling EV startup Fisker has laid off hundreds of employees in a bid to stay alive, as it continues to search for funding, a buyout or prepare for bankruptcy. Workers…
Startups Weekly: Trouble in EV land and Peloton is circling the drain
Welcome to Startups Weekly — Haje‘s weekly recap of everything you can’t miss from the world of startups. Sign up here to get it in your inbox every Friday. Look,…
The U.S.’ NHTSA has opened a fourth investigation into the Fisker Ocean SUV, spurred by multiple claims of “inadvertent Automatic Emergency Braking.”
Fisker stiffed the engineering firm developing its low-cost EV and pickup truck, lawsuit claims
Henrik Fisker stood on a stage last August and proudly debuted two prototypes designed to catapult his eponymous EV startup Fisker into the mainstream. There was the Pear, a low-cost…
EV startup Fisker Inc. is laying off more employees to “preserve cash,” one week after warning investors it would have to make cuts to stave off impending bankruptcy, according to…
Fisker plans more layoffs as cash dwindles and bankruptcy looms
Fisker says it’s planning more layoffs less than two months after cutting 15% of its workforce, as the EV startup scrambles to raise cash to stay alive. Fisker expects to…
Fisker’s Ocean SUV investigated for doors that won’t open
The National Highway Traffic Safety Administration has opened a third investigation into EV startup Fisker’s Ocean SUV, this time centered on problems getting the doors to open. The NHTSA’s Office…
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Fisker enters into dumpster fire territory and Tesla chases FSD revenue
TechCrunch Mobility is a weekly newsletter dedicated to all things transportation. Sign up here — just click TechCrunch Mobility — to receive the newsletter every weekend in your inbox. Subscribe for free. Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. Remember in the last edition of TechCrunch…
Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. Sign up here to get it in your inbox every Friday. There’s…
Fisker lost track of millions of dollars in customer payments for months
Fisker temporarily lost track of millions of dollars in customer payments as it scaled up deliveries, leading to an internal audit that started in December and took months to complete,…
The exchange said Monday that Fisker’s stock is “no longer suitable for listing” because of “abnormally low” price levels.
Fisker loses potential Nissan deal, putting rescue funds at risk
The negotiations between Fisker and a large automaker — reported to be Nissan — over a potential investment and collaboration have been terminated, a development that puts a separate near-term…
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TechCrunch Mobility: The wheels are starting to come off the Fisker EV bus
TechCrunch Mobility is a weekly newsletter dedicated to all things transportation. Sign up here — just click TechCrunch Mobility — to receive the newsletter every weekend in your inbox. Subscribe for free. Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. Before we jump into the startup and…
Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. Sign up here to get it in your inbox every Friday. Helloooo,…
TechCrunch Minute: EV makers are struggling, and Fisker’s in a particularly precarious position
Fisker’s finances are back in the news after the company warned in February that it didn’t have enough cash to make it through its next year. The company said this…
EV startup Fisker is pausing production of its electric Ocean SUV for six weeks as it scrambles for a cash infusion. The company said in a Monday morning regulatory filing…
Fisker is laying off 15% of staff and says it needs more cash ahead of a ‘difficult year’
Electric vehicle startup Fisker is planning to lay off 15% of its workforce and says it likely does not have enough cash on hand to survive the next 12 months.…
Feds open second probe into Fisker’s Ocean SUV after rollaway complaints
The National Highway Traffic Safety Administration has opened a second investigation into EV startup Fisker’s Ocean SUV, after the agency received four complaints about the vehicle rolling away unexpectedly, including…
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Fisker Ocean owners flagged sudden power loss and brake problems for months, internal documents show
On a typically sunny day in Los Angeles last June, Henrik Fisker choked up as he handed over his company’s first all-electric SUVs in the United States. “I’m really kind of emotional about it, because we’ve been waiting two and a half years for this, and everyone here has done a tremendous job,” the founder…
Fisker’s electric Ocean SUV under investigation over braking loss complaints
Federal safety regulators have opened an investigation into Fisker’s first electric vehicle over braking problems. The National Highway Traffic Safety Administration’s (NHTSA) Office of Defects Investigation (ODI) issued a notice…
EV startup Fisker struggling to meet internal sales goals, documents show
Fisker remains far from meeting CEO and founder Henrik Fisker’s publicly stated goal of delivering 300 electric SUVs per day globally, according to internal documents viewed by TechCrunch. The EV…
EV startup Fisker cut its 2023 production target for the fourth time
Fisker, the California-based EV startup, cut its annual production guidance in an effort to free up $300 million in working capital, the company said in a business update Friday. Fisker…
Fisker confirms Foxconn will build its $29,900 Pear EV, but questions remain
EV startup Fisker revealed more details about its $29,900 Pear electric urban lifestyle crossover vehicle Thursday at the company’s Product Vision Day. Included in that reveal was confirmation that Foxconn,…
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Henrik Fisker: No ‘final conclusion’ yet in Foxconn deal
Two years ago, EV startup Fisker seemed to have hooked a giant when it announced a deal with Taiwanese iPhone maker Foxconn to build a sub-$30,000 crossover in the United States. It turns out that deal hasn’t been finalized, according to comments Fisker founder and CEO Henrik Fisker made during an interview with TechCrunch. “In…
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Fisker reveals all-electric Alaska pickup, 3 other EV prototypes
Fisker, the automotive startup-turned publicly traded company founded by famed automotive designer Henrik Fisker, revealed Thursday night a dizzying array of EV prototypes, from a beefy pickup truck with an expandable bed and grand tourer sports car with up to 600 miles of range to a souped-up, off-road version of its Ocean SUV and the…
Fisker to sell $340M in convertible notes to fund operations, add battery pack capacity
California-based EV maker Fisker plans to sell $340 million in convertible debt, according to a regulatory filing posted Monday. The company expects the net proceeds to be $296.7 million, the…
EV upstart Fisker produced 1,022 Ocean SUVs in the second quarter, falling short of its own expectations by several hundred vehicles. Fisker had expected to produce between 1,400 and 1,700…
Fisker to enter China’s hotly contested EV market with local production plans
Fisker, the electric carmaker founded by the Danish auto designer Henrik Fisker, is gearing up to enter the Chinese market where competition is increasingly cut-throat, following in the footsteps of…
Fisker is raising its manufacturing forecast two weeks before its first electric vehicle, the Ocean SUV, enters production. The automaker plans to produce 42,400 Ocean SUVs by the end of…