Troubled electric vehicle company Fisker’s Chapter 11 bankruptcy proceedings have encountered a significant obstacle, as American Lease, the company set to purchase Fisker’s remaining fleet of SUVs, may back out of the deal due to technical issues.
Fisker, once considered a competitor of Tesla in the EV market, has filed for Chapter 11 bankruptcy protection, seeking to restructure its debt and sell assets in an effort to salvage its operations.
Electric vehicle startup Fisker has recently laid off hundreds of employees as it grapples with financial challenges and seeks potential funding, a buyout, or prepares for bankruptcy.
Fisker, a competitor of Tesla in the electric vehicle (EV) market, has released the results of a tough quarter featuring lower-than-expected revenue. The bad news didn’t stop there — the company also announced it would slash its annual production target on its Ocean SUV to just 13,000-17,000 cars from its projection of 20,000-23,000 this year.
The collapse of Proterra marks another major “green” failure for Joe Biden, whom the media never hold accountable for past mistakes.
Vice President Joe Biden reportedly met at the White House two Chinese energy executives who worked with a CCP-linked company, Wanxiang, on July 25, 2014, between 11 A.M and 12.15 P.M., emails from Hunter’s laptop reveal.
Henrik Fisker met with Pope Francis in the Vatican this week and laid out his plans for an all-electric papal transport that can beat out most gasoline-fueled vehicles.
Former Vice President Joe Biden told an audience at a drive-in rally in Cleveland, Ohio, on Monday that he would build electric vehicles — the same promise he made, and broke, during the Obama administration.
The business partners of Hunter Biden, son of former Vice President Joe Biden, were investors in Fisker Automotive, a company that received over $500 million in loan guarantees from the federal government before failing, Breitbart News can reveal.
