What went wrong with Fisker?
Based on the company’s bankruptcy filing and interviews with former employees, the demise of Fisker Automotive is rooted in the mismanagement of founder Henrik Fisker, and the lack of proper checks on the company’s operations by board members and financial backers. The last vestiges of Fisker are slowly disappearing. The company went bankrupt in the summer of last year after a frantic few months trying to find money to keep it alive. Wildly, only a year before, the company was previewing three new models, the budget Pear, the Ronin supercar, and the Alaska pickup truck.These high-end electric SUVs – once hailed as stylish rivals to Tesla – have become stranded assets, left decaying at the kerbside after their manufacturer collapsed. In June 2024, American EV brand Fisker filed for bankruptcy, leaving hundreds of Ocean models without support, servicing, or a clear future.
Why was Fisker discontinued?
Production was suspended in 2012 due to the bankruptcy of its battery supplier A123 Systems, after approximately 2,000 of the vehicles had been sold worldwide. In 2014, Fisker Automotive’s assets were purchased by Wanxiang Group, which renamed its new company Karma Automotive. Fisker Automotive was an American automobile company. It produced the Fisker Karma, which was one of the world’s first production luxury plug-in hybrid electric vehicles.
Why did Fisker Ocean fail?
But cracks started showing in that vision almost as soon as the Ocean hit the road in 2023. Fisker cut production targets multiple times, failed to meet sales goals and laid off staff. What’s more, its Ocean SUV was beset with software and mechanical issues, rendering it inoperable for some. Every Fisker Ocean we’ve ever driven has had software bugs. It was forgivable on the prototypes, but continued bugs marred the launch and continued to plague the car throughout its short production run. We didn’t get our test gear on one until 10 months after it went on sale, and that car still had bugs.
Is Fisker Ocean better than Tesla?
Fisker Beats Tesla on Range, but Not Charging The Fisker starts strong, demolishing the Tesla in MotorTrend’s Road-Trip Range test, which tracks how far you can drive an EV using 95 percent of a fully charged battery at a constant 70 mph. From a 360-mile EPA range, the Ocean Extreme manages 292 miles in this test. How long does the Fisker Ocean battery last? The smaller-battery version of the Ocean, with its 73kWh capacity, has an official range of 288 miles, and will probably do around 220-240 miles in real-world conditions, depending on how you drive and what kind of condition the car is in.