Fisker Files for Bankruptcy as Troubles Mount for EV Makers

Electric vehicle manufacturer Fisker Group Inc said on Tuesday it had filed for Chapter 11 protection in the District of Delaware, one year after launching its first model, as market and macroeconomic headwinds led to a lot of cash burned to take the Ocean SUV to the market. Fisker is the second EV start-up of automotive designer Henrik Fisker to go bankrupt after it badly missed forecasts for EV production and deliveries last year. “We are proud of our achievements, and we have put thousands of Fisker Ocean SUVs in customers’…