Electric vehicle startup Fisker issued an email on Sunday to its U.S. customers, informing them of the discontinuation of the roadside assistance service. This decision mirrors the earlier announcement to halt the service in Europe earlier this month.
Magna Steyr, the automotive contract manufacturer, is actively exploring potential collaborations with Chinese OEMs to manufacture their vehicles in Europe. Magna has manufactured more than four million vehicles, including 34 different models from 11 automakers.
On Friday, Fisker revealed the inclusion of Beka Auto, a dealer partnership situated in the Danish town of Sønderborg, into its network.
In a new review of Fisker's inaugural production model, the SUV Ocean, TopGear's Ollie Marriage affirmed on Friday that the car is "arguably better built," "easier to use," and offers a "more luxurious" interior compared to the Tesla Model Y.
The EV startup Fisker announced on Thursday the arrival of its Ocean EV model at its first dealer partner in the UK. As it continued the transition from direct sales to dealerships, the company celebrated the model's arrival at the dealership situated in central England.
Fisker stated in a new SEC filing on Monday after the market closing that it couldn't complete its Quarterly Report on Form 10-Q for the first quarter by May 10.
Fisker revealed on Monday in a new SEC filing the completion of a securities purchase agreement tied to an offering of senior secured notes due 2024 to an existing institutional investor, generating $3,456,000 in gross proceeds.
The US National Highway Traffic Safety Administration (NHTSA) has launched its fourth investigation into Fisker's Ocean SUV, this time focusing on reports of "inadvertent Automatic Emergency Braking (AEB)".
Fisker, the automaker founded by the automotive designer Henrik Fisker, announced on Monday that it sold out all the inventory units from the Sport trim of s first model, the SUV Ocean. Fisker shares are trading 15 percent higher at $0.0405 as of the time of writing.
The EV startup Fisker shared on Friday eight pictures of new customers picking up its car in a dealership stating the customer base is growing. In January, the company announced a business model shift from direct sales to customers to a dealer partnership model.
The upcoming week can see tariffs on clean-energy goods from China increasing as much as 400 percent. When it comes to the tariffs on electric vehicles manufactured in China, US officials expect to raise the tariff rate from 25 percent to nearly 100 percent, sources told WSJ.
The Biden administration is poised to unveil fresh tariffs on China next week, with a focus on key sectors such as electric vehicles, batteries, and solar cells, diverging from Trump's broad tariff approach.
Fisker disclosed that received a letter from investors who claim to hold more than 25% of the 2026 Notes, demanding immediate payment of all principal and accrued interest.
In a recent SEC filing, the electric vehicle (EV) startup Fisker announced an agreement reached on Wednesday with an investor to extend the deadline to May 17. Both parties have agreed that Fisker will "continue to sell vehicles at auction and through dealers and direct-to-consumer sales."
Fisker GmbH, the Austrian entity of Fisker, announced on Tuesday its voluntary filing for a restructuring proceeding via self-administration under the Austrian Insolvency Code. It's relevant to highlight that the other entities are not involved in the Austrian restructuring proceeding and continue to operate normally.
The EV startup Fisker is in the process of closing its Manhattan Beach headquarters, three sources familiar with the matter disclosed to Business Insider.
Electric vehicle (EV) startup Fisker saw sales of 30 units of its debut model Ocean in Germany during April, marking an increase from the 24 units sold in March.
Magna reported on Friday its first quarter financial results disclosing a 3 percent increase in sales to $11 billion and $316 million in asset impairments and restructuring linked to Fisker.
In an email sent to all customers in Europe, Fisker informed on Friday that would discontinue its roadside assistance from today, fourth of May. The company encourages owners to "explore the coverage options through the auto insurance provider and/or auto club membership".
The electric vehicle (EV) startup Fisker closed this week its showroom in New York amid the transition from direct sales to customers to a dealer partnership model.
The electric vehicle (EV) startup Fisker announced on Thursday the addition of six dealer partners in the US bringing the number up to 12.
Fisker technicians have been using parts from pre-production vehicles and existing inventory to repair some customers' cars, according to inside information provided to Business Insider.
Today, May 1st, marks the deadline for Fisker's agreement with the investor as the startup engages in talks with automakers regarding a potential buyout to avert bankruptcy. Fisker's shares closed 10.70 percent lower on Tuesday at $0.0500 per share.
The EV startup founded by the renowned automotive designer Henrik Fisker is living in the most turbulent period of its short history as investors and customers wait for good news. As of the time of writing, Fisker shares are trading 10.23 percent higher at $0.611 per share.
Magna, the manufacturing partner of the electric vehicle (EV) startup Fisker, notified its workforce in Graz (Austria) on Wednesday that will reduce around 500 positions.
Magna, the manufacturing partner of the electric vehicle (EV) startup Fisker, notified its workforce in Graz (Austria) on Wednesday that will reduce around 500 positions.
The electric vehicle (EV) startup Fisker published on Monday its annual report disclosing the delivery of over 6,400 units of its SUV Ocean since May 2023, when deliveries kicked off in Denmark.
The electric vehicle (EV) startup Fisker announced on Monday Michael Healy, senior managing director at FTI Consulting, as its new chief restructuring officer.
Fisker shares are trading 30 percent higher on Monday following the announcement of new dealer partners in the U.S. and Europe. The company now has six dealer partner locations in the U.S. and 12 in Europe.
Fisker shares are trading 30 percent higher on Monday following the announcement of new dealer partners in the U.S. and Europe. The company now has six dealer partner locations in the U.S. and 12 in Europe.
