menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Startup News

>

Fisker ban...
source image

Economic Times

1M

read

799

img
dot

Image Credit: Economic Times

Fisker bankruptcy plan approved after deal on vehicle tech support

  • Electric vehicle startup Fisker's bankruptcy liquidation plan was approved after reaching a deal on vehicle tech support.
  • The approval allows Fisker to repay creditors with remaining assets after selling off its vehicle fleet.
  • Fisker filed for bankruptcy after failed partnership talks with Nissan and cash flow problems.
  • American Lease agreed to pay an additional $2.5 million for future tech support services, resolving the dispute.

Read Full Article

like

10 Likes

For uninterrupted reading, download the app