Fisker goes bankrupt, plans to sell off assets [Video]

• Fisker’s second electric car company has gone bankrupt
• Fisker filed for Chapter 11 bankruptcy protection in Delaware
• “Thousands” of Ocean electric SUVs were delivered before the bankruptcy filing

Electric vehicle startup Fisker on Monday filed for Chapter 11 bankruptcy protection with a court in Delaware, just a year after the start of deliveries of the company’s Ocean debut model.

A company spokesperson said Fisker delivered “thousands” of the crossovers to customers in Europe and North America but was set back by “various market and macroeconomic headwinds.”

In addition to facing a market cooling on EVs, Fisker also suffered challenges in ramping up production due to supply chain issues. The National Highway Traffic Safety Administration also started a preliminary probe into the Ocean in May after receiving complaints of doors sometimes failing to open.

Fisker was founded in 2016 and was one of the more promising EV startups only a short while ago. It became a public company in late 2020 via a reverse merger, and the following year its …