American electric car maker Fisker is appointing lawyers to help prepare a potential bankruptcy filing, according to reports in America. California-based Fisker started out in 2007 as the brainchild of Danish entrepreneur Henrik Fisker and became one of the first manufacturers to bring a plug-in hybrid car to market when the Fisker Karma was launched in 2011. Resurrected to make pure EVsIn 2016, however, Henrik Fisker resurrected the Fisker brand with the establishment of Fisker Inc, building pure-electric cars. Fisker is the latest in a line of electric vehicle manufacturers to appear downcast, with fellow Californian manufacturer Rivian predicting slow production, as is Lucid. Whether the troubling plight of some electric vehicle start-ups changes that remains to be seen.

Source: The Times March 14, 2024 16:22 UTC