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When this EV maker collapsed, its customers became the car company

When this EV maker collapsed, its customers became the car company

  • Fisker Ocean buyers, including Cristian Fleming, were left stranded after the company collapsed into bankruptcy in June 2024.
  • The collapse was due to Fisker’s inability to deliver on its promises, with only 11,000 vehicles shipped before the company went under.
  • Early adopters faced numerous issues with their cars, including battery failures, glitchy software, and inconsistent key fobs.
  • Fisker’s quirky features, such as “California Modes,” were also plagued by problems, further exacerbating customer frustration.
  • The collapse of Fisker has left many customers, like Fleming, without a reliable car and with significant financial losses, highlighting the risks of investing in new and untested EV technology.

illustration of a Fisker Ocean

Cristian Fleming paid around $70,000 for his dream car, a Fisker Ocean. He was drawn to the new EV’s 350-mile range, eco-friendly image, and quirky features like “California Modes,” which rolls down nearly every window at once.

“I’ve always bought my cars because I love the way they look,” Fleming says. “That’s probably my first mistake.”

But his joy soon turned sour. In June 2024, seven months after Fleming’s purchase, Fisker collapsed into bankruptcy, having only delivered 11,000 vehicles.

Early adopters were left with cars plagued by battery failures, glitchy software, inconsistent key fobs, and door handles that did not always open. โ€ฆ

Read the full story at The Verge.

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Q. What was Cristian Fleming’s dream car that he bought for $70,000?
A. The Fisker Ocean, an electric vehicle with a 350-mile range and eco-friendly image.

Q. Why did Cristian Fleming buy his car primarily because of its appearance?
A. He has always bought cars because he loves the way they look.

Q. How many vehicles had Fisker delivered by the time it collapsed into bankruptcy in June 2024?
A. Only 11,000 vehicles.

Q. What were some of the issues that early adopters like Cristian Fleming experienced with their Fisker Ocean cars?
A. Battery failures, glitchy software, inconsistent key fobs, and door handles that did not always open.

Q. When did Cristian Fleming purchase his Fisker Ocean car?
A. Seven months before Fisker’s bankruptcy in June 2024.

Q. What was the “California Mode” feature on the Fisker Ocean car?
A. A quirky feature that rolls down nearly every window at once.

Q. Why did Fisker collapse into bankruptcy despite delivering only a small number of vehicles?
A. The text does not explicitly state why, but it implies that the company’s issues were related to its products and services.

Q. How many months had Cristian Fleming owned his Fisker Ocean car before it collapsed?
A. Seven months.

Q. What was the approximate cost of Cristian Fleming’s dream car?
A. $70,000.

Q. Why did Cristian Fleming’s experience with his Fisker Ocean car turn sour?
A. His joy turned sour due to issues with the car’s performance and reliability.