The headquarters Fisker used in its waning days was recently abandoned and left in “complete disarray,” with drums of apparent hazardous waste, automotive equipment, and even vehicles and full-size clay models left behind, according to the landlord. The chaos was described in a new filing that was submitted to Fisker’s Chapter 11 bankruptcy docket Friday […]
The question haunting Fisker’s bankruptcy
As failed EV startup Fisker winds its way through bankruptcy, a persistent and tricky question has become a flashpoint of the proceedings: does its only secured lender Heights Capital Management deserve to be at the front of the line to reap the proceeds of a liquidation? Heights has maintained an unequivocal “yes.” But new information […]
VW taps Rivian in $5B EV deal and the fight over Fisker’s assets
Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. Sign up here for free — just click TechCrunch Mobility! Am I the only one whose head is spinning from all of the transpo news this week? Reminder, it’s only Thursday morning. Let’s jump in! Oh wait, […]
The fight over Fisker’s assets is already heating up
Fisker is just a few days into its Chapter 11 bankruptcy, and the fight over its assets is already charged, with one lawyer claiming the startup has been liquidating assets “outside the court’s supervision.” At issue is the relationship between Fisker and its largest secured lender, Heights Capital Management, an affiliate of financial services company […]
Fisker’s troubled Ocean SUV gets its first recall
Fisker is issuing the first recall for its all-electric Ocean SUV because of problems with the warning lights, according to new information published by the National Highway Traffic Safety Administration. The safety agency says that the Fisker Ocean’s instrument panel displays the brake, park, and antilock brake system warning lights in the wrong font size […]