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Fisker bankruptcy hits major speed bump as fleet sale is now in question

TechCrunch LogoTechCrunch10h ago

Fisker bankruptcy hits major speed bump as fleet sale is now in question - TechCrunch

Quick Summary:

Fisker’s Chapter 11 bankruptcy has hit a major snag, as the company buying the startup’s remaining fleet of electric SUVs says it might not complete the purchase because of a surprising technical issue.

These funds have been crucial because Fisker was using them to pay for the bankruptcy process.

Fisker was expected to have that plan confirmed in bankruptcy court as early as this Wednesday.


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Article Details

Author / Journalist: Sean O'Kane

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-08 @ 15:53:15 (10 hours ago)

News Timezone: GMT -5:00

News Source URL: techcrunch.com

Language: English

Article Length: 568 words

Reading Time: 4 minutes read

Sentences: 19 lines

Sentence Length: 30 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TechCrunch

News ID: 22956552

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Official Website: techcrunch.com

Update Frequency: 21 posts per day

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News Last Updated: 9 hours ago

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