Fisker has paused production of its Ocean electric SUV for six weeks as it seeks to draw down inventory and secure additional financing. To the funding point, Fisker confirmed Monday that it has secured "a financing commitment from an existing investor" of up to $150 million. The company has about 4,700 vehicles in inventory worth about $200... Fisker pauses production, with glut of undelivered EVs
Fisker has paused production of its Ocean electric SUV for six weeks as it seeks to draw down inventory and secure additional financing. To the funding point, Fisker confirmed Monday that it has secured "a financing commitment from an existing investor" of up to $150 million. The company has about 4,700 vehicles in inventory worth about $200...