Despite aiming for a comeback with the Fisker Ocean SUV, the electric vehicle startup has filed for Chapter 11 bankruptcy protection.
While this move might benefit creditors, Fisker Ocean owners face an uncertain future. The company’s financial woes, which have been present since last August, were downplayed by CEO Henrik Fisker, who promised a bright future.
However, a new filing reveals the company’s struggles and raises questions about Fisker’s leadership.
With production halted and most employees laid off, Fisker’s attempt to reorganize seems unlikely.
Fisker Ocean owners are facing a bleak situation after the company filed for bankruptcy. A chronic lack of replacement parts plagued the Fisker Ocean since its launch, leaving owners with long wait times or even impossible repairs.
This parts shortage has now become insurmountable due to the bankruptcy. With the company downsizing and on the verge of disappearing entirely, Fisker Ocean owners are scrambling to find alternative solutions to keep their vehicles running.