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Bankrupt EV start-up Fisker wants to sell its 3,300 unsold electric vehicles at an 80% discount to a company that rents cars to NYC Uber and Lyft drivers

By Business Insider   |   Jul 4, 2024 at 09:32 PM EST
Bankrupt EV start-up Fisker wants to sell its 3,300 unsold electric vehicles at an 80% discount to a company that rents cars to NYC Uber and Lyft drivers

American Leasing plans to buy Fisker's vehicles in New York City, as the company filed for Chapter 11 bankruptcy. The deal is valued at $46.25 million, aiming to bring in crucial cash for payroll. However, some creditors express concerns about Fisker's financial stability.

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