Sun, Dec 22, 2024

American Electric Car Manufacturer Fisker Suspended Production for 6 Weeks

American Electric Car Manufacturer Fisker Suspended Production for 6 Weeks

US electric car startup Fisker announced that it has suspended production for 6 weeks.

Things are not going well for the US electric car startup Fisker, which recently introduced its new models.

In the statement made by the company, it was noted that production was suspended for 6 weeks.

In the statement, it was stated that because they wanted to take advantage of the 30-day grace period to talk about the capital structure with their investors, they could not make the interest payment of $ 8.4 million on March 15 for some convertible bonds maturing in 2026, despite having sufficient liquidity.

The company stated in February that there was significant doubt about its ability to continue operations.

Fisker paused investments in future projects until it formed a partnership with an automaker.

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