Skip to Content

Fisker files for bankruptcy protection, the second electric vehicle maker to do so in the past year

By MICHELLE CHAPMAN
AP Business Writer

Electric vehicle maker Fisker filed for Chapter 11 bankruptcy protection, the second electric startup to do so in the last year as even industry leaders struggle to lure more buyers beyond the early adapters of the technology.  Its operating subsidiary, Fisker Group Inc., said in its filing that its estimated assets were between $500 million and $1 billion. It estimated liabilities are between $100 million and $500 million. Fisker said late Monday that it’s in advanced talks with financial stakeholders about debtor-in-possession financing and selling its assets.

Article Topic Follows: AP National

Jump to comments ↓

Author Profile Photo

Associated Press

BE PART OF THE CONVERSATION

KIFI Local News 8 is committed to providing a forum for civil and constructive conversation.

Please keep your comments respectful and relevant. You can review our Community Guidelines by clicking here

If you would like to share a story idea, please submit it here.

Skip to content