Fisker Files for Bankruptcy

The electric car maker was founded by automotive designer & industry veteran Henrik Fisker...

After recent reports that Fisker was going to partner with automotive manufacturers, the brand has filed for bankruptcy, according to a new report from Reuters.Fisker Files for Bankruptcy | THE SHOP

The electric startup was in the process of ramping up production for the Fisker Ocean electric SUV.

The brand will sell off its assets and restructure debt. Assets are reported to be between $500 million and $1 billion.

Read the full report from Reuters here.

Pat Curtin

Pat Curtin is the managing editor of THE SHOP magazine.

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