The Latest Breaking News from Fisker

This is the Karma Amaris, a two-door luxury sports car that will be manufactured by California-based Karma Automotive. That’s the small company that picked up the pieces after Fisker’s first bankruptcy and continued building improved versions of the Karma four-door plug-in hybrid sedan.

They are some of the most advanced cars on the road, but it’s an old brick building on a side street in the Bronx where Fisker Oceans go to get serviced to join New York City’s for-hire car fleet.

The Fisker Ocean was supposed to be one of the many “Tesla Model Y killers.” And while it was a promising EV, its fate was sealed after the automaker behind it went bankrupt. Roughly 11,000 units were ever made, and all of them are subject to two hardware-related recalls that…

Previously, the bankrupt automaker said owners would have to pay for the labor costs associated with the recalls.

American Lease, the company that wants to buy the bankrupt automaker’s remaining inventory, agreed to pay extra for cloud services.

American Lease, the entity that wants to buy over 3,000 Ocean EVs, said it wants out of the deal if it can’t use its own server.

Today on Critical Materials: Rivian has a supply chain mishap, feds deem Fisker's recall "scheme" illegal, and Tesla deploys mobile Superchargers for Milton.

In a filing on Friday, the Securities and Exchange Commission said it objected to EV startup Fisker's current liquidation plan.

This might be the deal of the century. How does $10,000 sound for a brand-new EV that only has 300 miles on the odometer?