Saturday, May 18, 2024
Fisker Inc.'s recent announcements of layoffs and potential bankruptcy underscore its financial turmoil. Facing challenges with creditors and liquidity, bankruptcy looms within 30 days if relief isn't secured. Despite a grace period, interest payments on notes have been missed, exacerbating doubts. The company explores restructuring options amid leadership changes and stock delisting.
Fisker undergoes a dealership expansion, welcoming new partners in Miami and Europe, alongside recent price reductions on 2023 models. With six dealer partners in the US, Fisker adopts a Dealer Partnership model for growth, starting January 2024.
Nissan's potential investment in Fisker could mark a strategic move in the EV market. Discussions involve a significant investment by Nissan, granting access to Fisker's electric pickup truck. This partnership may provide vital support to Fisker amid financial challenges while aligning with Nissan's long-term goals and its recent alliance restructuring with Renault.
