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tabloid Today EV startup Fisker files for bankruptcy, aims to sell assets, 18 June IRA tax credit and rebate Reduction Act
...Fisker went public in late 2020 in a merger with a blank-check firm, valuing it at $2.9 billion and infusing its balance sheet with more than $1 billion in cash.

The listing was a second chance for its Danish CEO [Henrik Fisker, former consultant at TSLA] and founder to build an auto business after his first venture, Fisker Automotive, filed for bankruptcy in 2013, falling victim to the 2008 financial crisis and a battery failure in the Karma hybrid sedan that had led to a substantial recall....

archive most favored EV, PHEV models May
by Cat on Tue Jun 18th, 2024 at 06:03:06 PM EST
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