Troubled EV Maker Fisker Said to Be in Talks With Nissan (1)

March 1, 2024, 9:10 PM UTC

Fisker Inc. is in talks with Japan’s Nissan Motor Co., people familiar with the matter said Friday, as the electric vehicle maker seeks a lifeline from liquidity challenges that have put its survival in doubt.

The development comes a day after Chief Executive Officer Henrik Fisker said his eponymous company is discussing a capital infusion from a rival carmaker and issued a going-concern warning. It’s the latest sign of stress in an electric vehicle market plagued by slowing growth and questions over consumer demand.

Fisker, which plans to cut 15% of its workforce, reported weaker-than-expected earnings results Thursday as ...

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