Fisker Inc, an EV manufacturer named after the owner Henrik Fisker, filed for bankruptcy. Funny enough, this was the second time around for Henrik to develop a car based on his own name. The quote as they filed was telling; “Like other companies in the electric vehicle industry, we have faced various market and macroeconomic headwinds that have impacted our ability to operate efficiently”. It’s unfortunate, but the manufacturing side of the industry has a lot to overcome. It’s continuing to be a fickle market, and it’s unclear as to the long term aspects of any of these smaller companies without deep pockets.

It’s the second bankruptcy for an EV company founded by former BMW and Aston Martin designer Henrik Fisker.

Found at www.axios.com