Fisker has paused production of its sole model, the Ocean crossover, as it seeks to conserve cash while hunting for new funding. The electric vehicle startup on Monday said the pause in production will last six weeks and will also help “align” inventory levels. The company said it has delivered 1,300 Oceans in 2024 and has 4,700 of the...
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Monday, March 18, 2024
Fisker halts production, warns it may need bankruptcy protection
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