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Electric Drives
ElectricDrives is the channel for business and consumer news about electric vehicles. We bring you the stories in an engaging, clear way, to help guide our audience on its electric, sustainable transport, journey.
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Tag:
Ocean SUV
Fisker files for bankruptcy after production troubles with the Ocean SUV
Fisker filed for bankruptcy to sell assets and restructure debt after financial struggles producing "Ocean" SUVs. Facing cash shortages, supply chain problems, and failed investments, Fisker joins other bankrupt EV makers recently. Fisker paused production, cut...
June 18, 2024
Fisker dramatically slashes prices on its Ocean SUV: Do the short-term gains outweigh the long-term uncertainties?
Fisker slashes Ocean SUV price by $24,000 to boost sales and avoid bankruptcy. Top-tier Ocean now $37,499, 40% cheaper; entry-level model at $24,999 amidst financial turmoil. Pricing shift reflects broader EV market trend; concerns raised over...
March 27, 2024