Xpeng continues internationalisation blitz
The Chinese firm has been expanding its global reach exponentially this year
Fisker is the eponymous California-headquartered US EV pure play start-up founded and led by Danish automotive designer and entrepreneur Henrik Fisker. Formerly of BMW, Ford, and Aston Martin, this is Fisker's second go at creating his own EV maker, after his first effort slipped into bankruptcy in 2013
Fisker not expected to restart vehicle production amid reports of head office closure
OEM also expands its European dealer network as drastic price cuts continue
The embattled pure play start-up has slashed prices on 2023 Oceans
Start-up previously warned it would abandon production plans if OEM collaboration fell through
Struggling automaker says inventory value now exceeds $200mn
Another executive signs on as as start-up hovers close to bankruptcy
Struggling EV start-up is pursuing collaboration and investment to save its planned EV models
EV pure play has been trading as penny stock for over a month
"BEVs are stacking up on our lots," dealer coalition says
California EV maker hails easier OEM "strategic collaborations"
Company shuffles leadership even as it topples into delisting risk territory
The usually preferred direct sales model of EV pure plays has returned sluggish results thus far
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