The U.S. auto safety regulator closed its probe into 6,971 Fisker Ocean SUVs on Friday over inadvertent activation of the automatic emergency braking system, as it does not expect to get further information from the bankrupt EV maker.
Henrik Fisker once envisioned a burgeoning EV empire at the startup he named after himself, which was to be led by the Ocean SUV. But cracks started showing in that vision almost as soon as the Ocean hit the road in 2023.
The National Highway Traffic Safety Administration said Monday it has closed a preliminary investigation into Fisker over complaints that its all-electric Ocean SUV rolls away unexpectedly. The U.S. safety regulator opened an investigation in February after receiving four complaints — one of which resulted in an injury — over the failure of the vehicles to shift into park.
The U.S. auto safety regulator said on Monday it has closed a preliminary evaluation into 7,745 Fisker Ocean SUVs over failure to shift vehicles into the park gear, after the electric-vehicle startup issued recalls and released a software update.
VinFast faces incredible, and expensive, challenges as it expands from its homeland, but it has one huge reason to remain hopeful it won't become the next Fisker.
Fisker's plan to liquidate its assets has been accepted by the bankruptcy court in Delaware. And with it, the issue of who should pay for labor costs associated with a pair of recalls on the bankrupt EV startup's SUVs is finally settled.
Electric vehicle startup Fisker received court approval of its bankruptcy liquidation plan on Friday, following last-minute negotiations to preserve the company's $46 million sale of its remaining inventory of about 3,000 Ocean SUVs.
Fisker's Chapter 11 bankruptcy has hit a major snag, as the company buying the startup's remaining fleet of electric SUVs says it might not complete the purchase because of a surprising technical issue.
The U.S. Department of Justice said in a court filing on Monday that bankrupt electric vehicle maker Fisker's plan to pass on the costs of vehicle recalls to customers is illegal.
The U.S. Department of Justice says bankrupt EV startup Fisker's plan to make owners pay for labor costs related to multiple recalls is illegal, according to a new filing.
The U.S. Securities and Exchange Commission is investigating Fisker and has sent multiple subpoenas to the bankrupt EV maker, according to a filing by the regulator on Friday.
Bankrupt EV startup Fisker is under investigation by the U.S. Securities and Exchange Commission, according to a new filing from the financial regulator.