Fisker failed because it wasn’t ready to be a car company

June 18, 2024 — In the wake of its bankruptcy, Fisker said it will continue “reduced operations,” including “preserving customer programs, and compensating needed vendors on a go-forward basis.” In other words, it will continue to manage a bare-bones operation in case there is a willing buyer of the assets it’s putting up for sale in the Chapter 11 case.

A Fisker Ocean SUV parked on a driveway.
Fisker Ocean SUVImage Credits:Fisker

From the Storyline: The fall of EV startup Fisker

Henrik Fisker once envisioned a burgeoning EV empire at the startup he named after himself, which was to be led…

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