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InsideEVs
InsideEVs
Technology

Fisker Hits Pause On Production With 4,700 EVs In Inventory, Bankruptcy Rumors

Fisker Inc., the California-based electric vehicle startup behind the Ocean battery-powered SUV, has had as hard a road to long-term stability as any EV newcomer. But lately, things have been especially challenging. It recently warned it may run out of money this year, is dogged by looming bankruptcy rumors and was on the receiving end of an especially scathing YouTube review. Now, the automaker says it's getting a $150 million lifeline from an investor, but also pausing production for six weeks.

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