Electric vehicle manufacturer Fisker recalls more than 12,000 Ocean SUVs due to faulty exterior door handles, marking its third recall in April.

This recall addresses software malfunctions and safety compliance issues, marking another challenge for the financially struggling company.

The NHTSA’s inquiry is aimed to reveal the spread and severity of this problem and the implications for the safety.

Cash-strapped startup Fisker has been left to search for strategic options including in- or out-of-court restructurings.

In order to offset its financial issues, Fisker plans to put up senior secured convertible notes with 10% original issue discount intending to collect up …

EV maker Fisker expects to make between 20,000 and 22,000 Ocean vehicles this year, way below estimates of 35,600 units.

The move aims to overcome logistical challenges that limited the delivery of approximately 4,700 units last year.

Originally showcased at the company’s Product Vision Day on August 3, the Fisker Alaska aims to redefine the pickup truck landscape.

American EV Manufacturer Sets Sights on Indian Market, Aims for Q4 2023 Deliveries