Fisker Sells Remaining EVs for Fraction of $70,000 Price Tag

July 16, 2024, 9:30 PM UTC

Fisker Inc. won bankruptcy court permission to sell its remaining fleet of electric SUVs after slashing the price on glitchy vehicles that were sold to some customers for as much as $70,000.

Judge Brendan L. Shannon said at a hearing in Delaware Tuesday he’d approve the sale of roughly 3,300 Fisker vehicles for as much as $46.25 million to American Lease LLC, a company that leases cars and SUVs to New York City-based Uber and Lyft drivers. Fisker vehicles “in reasonably good working order” could be sold to American Lease for $16,500, while damaged vehicles requiring at least $5,000 in ...

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