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The 7-year-old electric car company was founded by designer Henrik Fisker, who has been its chairman and CEO. He designed the company's 2022 Ocean all electric SUV as well as the luxury plug-in ...
(Reuters) -Electric-truck maker Nikola is nearing filing for a bankruptcy, the Wall Street Journal reported on Thursday, citing people familiar with the matter. The company's shares fell 21% to 59 ...
The British electric van-maker, which was backed by Hyundai and BlackRock, was valued at $13 billion upon its listing in 2021, according to Crunchbase. Arrival’s launch was a watershed moment ...
The company completed the reverse merger that autumn. [5] Fisker Inc. developed the Fisker Ocean, an electric sport utility vehicle (SUV), which was released in 2023. [6] [7] In early 2024, the company experienced intense financial difficulties, and its shares were delisted from the NYSE. [8]
Nu Ride Inc., formerly Lordstown Motors Corporation, is an American electric vehicle automaker located in Lordstown, Ohio. The company was based at the Lordstown Assembly plant, previously a General Motors factory. [2] Lordstown Motors was known for its Lordstown Endurance electric pickup truck. In March 2024, the company emerged from its ...
VLF Automotive is a small American-based automotive company formed in January 2016. It was founded as VL Automotive in 2012 by Bob Lutz and Gilbert Villarreal, then renamed after Henrik Fisker joined the company. GreenTech Automotive merged with VL Automotive in 2014. GreenTech produced few cars, if any. It declared bankruptcy in February 2018.
Fisker filed for bankruptcy Monday, choosing the common Chapter 11 route, which allows companies to try to resolve their financial problems through reorganization.
Fisker on Monday became the latest all-electric vehicle startup to file for Chapter 11 bankruptcy protection amid lackluster consumer demand, significant cash burn and operational and product issues.