Fisker faced financial distress as early as August 2023

June 21, 2024 — According to a new filing in its Chapter 11 bankruptcy proceeding, Fisker was facing “potential financial distress” as early as August 2023. That looming financial distress drove Fisker to solicit a partnership or investment from another automaker, according to the filing.

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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