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EV maker Fisker files for bankruptcy

US electric car start-up becomes latest to succumb to difficulties hitting the sector

US electric vehicle maker Fisker has filed for bankruptcy after a funding deal with a large carmaker fell through — the latest EV maker to succumb to the struggles facing the sector.

The company, founded in 2016 by veteran luxury car designer Henrik Fisker, said late on Monday that “various market and macroeconomic headwinds” had “impacted our ability to operate efficiently”.

“After evaluating all options for our business, we determined that proceeding with a sale of our assets under Chapter 11 is the most viable path forward,” it added.

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