Fisker Is in Talks With Nissan, Its Survival Possibly at Stake

Author: Daniel-RufiangePublished: 1/1/0001

• Fisker is in talks with Nissan to ensure its survival.

Electric car maker Fisker appears to be at a crossroads. It has just announced a 15 percent reduction in its workforce, following losses of $463 million in the fourth quarter of 2023.

The company's latest earnings report shows that its current resources are insufficient to meet its needs over the next 12 months. The fledgling EV maker has been open to finding a partner ready to invest and ensure it can continue its activities. Reports on Friday indicate that discussions with Nissan are in the advanced stages.

Failing a deal with the Japanese automaker or another company, as Fisker itself states, there is "substantial doubt" about its ability to survive.

For the time being, there is no guarantee that the company will be able to find the necessary funds.