The Fisker name has been around for a while. However, it returned to the spotlight with an all-electric SUV, the Ocean. However, the automaker has struggled due to bad reviews for the Fisker Ocean and an inability to stand out from other EV makers. This all came to a head when Fisker recently filed for bankruptcy protection. Of course, this leaves the remaining inventory of the Ocean in limbo. 

Bad reviews for the Fisker Ocean led to this

So far, Fisker has had two lives: Fisker Automotive and the more recent Fisker Inc. Sadly, both have needed bankruptcy protection. The first time was in 2013, and the more recent filing came in June of this year. Now, according to Car and Driver, Fisker hopes to sell the remaining units of the Ocean to American Lease, a New York investment firm. 

As many know, the all-electric SUV has been plagued with negative reviews and has quickly devalued. Unfortunately, Fisker plans to sell the remaining 3231 SUVs to the investment firm for between $2,500 and $16,000 apiece. Naturally, the lower end of the price range will be for units of the all-electric SUV that have been damaged somehow.  Apparently, the automaker has 2711 examples of the Ocean that will go for the top price.

Of course, the court handling Fisker’s bankruptcy filing will need to approve the sale of the vehicles, which will total $46.3 million. One unfortunate part of the situation is that the company is in a time crunch. The company needs the agreement to be approved by July 12th to “meet vital business expenses.” These costs include things like payroll, taxes, etc. There is a hearing set for July 9th. 

Unfortunately, people who own the Fisker Ocean all-electric SUV are also left in limbo. They don’t know what’s going to happen when it comes to repairs or future updates.