Written by Cláudio Afonso | LinkedIn | X
Electric vehicle (EV) maker Fisker has issued a recall for 7,545 of its Ocean electric SUVs following the discovery of a potentially serious issue with the vehicle’s water pump.
The National Highway Traffic Safety Administration (NHTSA) announced that the recall affects all 2023-2024 Ocean models.
Last month, the company has halted the sales globally due to a defect with the exterior door handles that can cause them to stick and not open.
The problem stems from a communication failure with the cabin electric water pump, which can cause the high voltage battery management system (BMS) to enter limp mode.
This malfunction could result in a sudden loss of drive power, posing a risk to drivers and passengers.
“Fisker is recalling all 2023-2024 Ocean vehicles. A communication failure with the cabin electric water pump can cause the high voltage battery management system (BMS) to enter limp mode, causing a loss of drive power,” NHTSA stated.
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Last week, Fisker started seeking for permission from the Bankruptcy Court to sell the remaining 3,321 Ocean SUVs to the New York-based leasing firm American Lease.
The deal is expected to bring Fisker a total of $46.25 indicating that the average price per vehicle is about $13,900.
Last month, a group of early adopters of Fisker vehicles announced the formation of a non-profit association, aimed at ensuring continued access to parts and services for owners as the startup filed for bankruptcy protection in Delaware.
As reported last week, the official “Notice of Filing of Creditor Matrix” lists some high-profile names and entities associated with the company’s operations including the founder and CEO Henrik Fisker, and also Geeta Gupta-Fisker, Fisker’s Chief Operating Officer and CFO.
The bankruptcy has triggered an automatic acceleration of its debt obligations under its 2.50% convertible senior notes due 2026, according to a recent 8-k form. There was a scheduled hearing for this later today, June 27, to discuss the cash collateral motion. However, the hearing was canceled.
Written by Cláudio Afonso | LinkedIn | X
