EV maker Fisker files for Chapter 11 bankruptcy, citing market and macroeconomic issues.

Electric vehicle (EV) maker Fisker has filed for Chapter 11 bankruptcy protection, the second electric startup to do so in the last year. Founded by automotive designer Henrik Fisker, the company faced various market and macroeconomic headwinds, impacting its ability to operate efficiently. The company listed estimated assets between $500 million and $1 billion, as well as liabilities between $100 million and $500 million.