The failing EV startup aims to sell its entire inventory to a company that leases cars to ride-hailing drivers in New York.
Fisker hopes to sell off its entire inventory of remaining Ocean SUVs in a deal that would bring the bankrupt EV startup up to $46.25 million it can use to pay its debts. Under the proposed deal, outlined in a Tuesday filing in U.S. bankruptcy court in Delaware, Fisker would sell up to 3,231 Oceans to American Lease, New York-based firm that leases EVs to ride-hailing drivers. Fisker asked the court to authorize the sale and proposed a hearing on it for July 9.
The agreement contains some answers about long-term Ocean support—for American Lease, at least. As far as the water-pump issue goes, Fisker said it will make the repairs using 'resources, facilities, and manpower' provided by American Lease. Fisker is out of money and has laid off most of its workforce. Fisker Ocean Fisker won't be honoring the vehicles' warranties and will have 'no obligation of repair or maintenance of the vehicles.
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