From Investing.com: 2024-06-19 08:55:37

Electric vehicle startup Fisker files for Chapter 11 bankruptcy in the U.S., with assets between $500 million and $1 billion, and liabilities between $1 billion and $10 billion. The company’s operating unit, Fisker Group Inc, also filed for bankruptcy earlier this week, announcing plans to sell assets and restructure debt. Founder Henrik Fisker had expressed doubts about the firm’s future in February.



Read more at Investing.com: EV startup Fisker’s U.S. units file for bankruptcy By Reuters