This EV startup was going to revolutionize how cars were made – now, it’s on life support

Henrik Fisker once envisioned a burgeoning EV empire at the startup he named after himself, which was to be led by the Ocean SUV. But cracks started showing in that vision almost as soon as the Ocean hit the road in 2023. Fisker cut production targets multiple times, failed to meet sales goals and laid off staff. What’s more, its Ocean SUV was beset with software and mechanical issues, rendering it inoperable for some. Add troublesome brakes, sudden power loss and doors that wouldn’t open to t

Dec 26, 2024

Here is a timeline of the events that led fledgling automaker Fisker to file for bankruptcy.

Aug 30, 2025

Los Angeles is known for glitz, but there’s also a lot of grit in the air — literally. Thousands of containers are moved off and on ships at the area’s two major ports every day, almost always transferred via pollution-spewing diesel trucks. This has made Los Angeles a hotbed for all kinds of new electric vehicle and charging infrastructure projects. A new startup called Nevoya is pouncing on the opportunity. “It’s the best place in the country” for electric trucks, founder Sami Khan told TechC

Oct 21, 2024

Autonomous vehicle technology and electrification startups were once the darlings of the VC and corporate world. The two technologies promised billions of dollars in revenue — and a new pathway for automakers to make money beyond building and selling cars. Those VC-money-printing days have been over for AVs for a while now, with a few exceptions like Waymo and Wayve. But as 2024 kicked off, there was still a lingering EV buzz in the air, albeit quieter than before. Now, as 2024 draws to a clo

Dec 22, 2024