Fisker Warns on Future; In Partnership Talks with Nissan

It was obvious to everyone except Henrik Fisker that Fisker would go bankrupt.  

Maybe Nissan, Renault and Fisker can all merge and all go bankrupt together, because I think all of them are in trouble when the Chinese manufacturers hit the European and American markets and undercut everyone in price.

41 minutes ago, smk4565 said:

It was obvious to everyone except Henrik Fisker that Fisker would go bankrupt.  

Maybe Nissan, Renault and Fisker can all merge and all go bankrupt together, because I think all of them are in trouble when the Chinese manufacturers hit the European and American markets and undercut everyone in price.

Another problem is quality. Fisker has had many issues with their first EV. 

The forum that was supposed to be a cheerleader for Fisker EVs has had more traffic due to this one story than positive.

https://forums.fiskerati.com/fisker-ocean/ocean-the-good-bad-ugly/

Then you have these constant power loss problems.

https://techcrunch.com/2024/02/09/fisker-ocean-braking-power-loss-problems-investigation/

Then main stream media even says the products they are delivering are not ready.

https://www.roadandtrack.com/reviews/a45997938/2024-fisker-ocean-test-drive/

https://jalopnik.com/fisker-ocean-crossovers-are-falling-apart-in-their-owne-1851244202

So I totally agree that Fisker will have to move in with another much larger auto company to survive.

Saw many comments on the Fisker and one thing everyone seems to agree on is that Designing a good looking auto and engineering is two different things.

Rivian is probably the last EV start up that will make it.  I doubt Lucid makes it long term unless the Saudi's want to keep wasting money on it.  Fisker and anyone else moving forward is too late to the game, and won't be able to scale fast enough to be profitable.  To be profitable you either need to be making $250,000 cars or be selling a million cars a year.  

25 minutes ago, smk4565 said:

Rivian is probably the last EV start up that will make it.  I doubt Lucid makes it long term unless the Saudi's want to keep wasting money on it.  Fisker and anyone else moving forward is too late to the game, and won't be able to scale fast enough to be profitable.  To be profitable you either need to be making $250,000 cars or be selling a million cars a year.  

I think you're both right and wrong. Rivian will make it. I think Lucid will make it too as a pride project for the Saudis. Fisker might have just gotten a lifeline from Nissan, and I hope it works because the Ocean, in concept, is excellent.

I think this will be the last of the current wave of EV manufacturers that make it.  Then, there will be a long pause of around ten years while the market settles.  Then we'll start to see other manufacturers who can pluck stuff from the big manufacturer's parts bins and start making specialty vehicles like roadsters and other niche stuff.