Written by Cláudio Afonso | LinkedIn | X
Electric vehicle (EV) startup Fisker registered only one vehicle last month in the United Kingdom. In the second half of June, 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.
According to official data from UK’s Society of Motor Manufacturers and Traders (SMMT), Fisker registered 44 units in May. In Germany, the company registered 7 units in June.
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.
In late March, Fisker initiated significant discounts worldwide on its inventory cars, including a promotion for the Extreme variant of the Fisker Ocean in Germany, priced at €43,590 ($47,360).
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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
