Fisker pauses production, with glut of undelivered EVs

Fisker has paused production of its Ocean electric SUV for six weeks as it seeks to draw down inventory and secure additional financing. To the funding point, Fisker confirmed Monday that it has secured "a financing commitment from an existing investor" of up to $150 million. The company has about 4,700 vehicles in inventory worth about $200...

Mar 26, 2024 - 08:21
Fisker pauses production, with glut of undelivered EVs
2023 Fisker Ocean pre-production at Magna Steyr plant in Graz, AustriaFisker has paused production of its Ocean electric SUV for six weeks as it seeks to draw down inventory and secure additional financing. To the funding point, Fisker confirmed Monday that it has secured "a financing commitment from an existing investor" of up to $150 million. The company has about 4,700 vehicles in inventory worth about $200...

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