Posted by Alumni from TechCrunch
May 3, 2024
Henrik Fisker stood on a stage last August and proudly debuted two prototypes designed to catapult his eponymous EV startup Fisker into the mainstream. There was the Pear, a low-cost EV meant for the masses, and the Alaska, Fisker's entry into the red-hot pickup truck market. In the weeks that followed, Fisker stopped paying the engineering firm that helped develop those vehicles, according to a previously-unreported lawsuit filed in federal court this week. The firm, a U.S. subsidiary of German engineering giant Bertrandt AG, also accuses Fisker of wrongfully holding onto IP associated with those vehicles. It's asking for around $13 million in damages. The lawsuit adds to a pile of legal trouble facing Fisker, which is on the brink of bankruptcy. At least 30 lawsuits alleging lemon law violations have been filed, a handful of which Fisker has already settled. A former director has filed a proposed class action claiming unpaid wages. A textile supplier has also sued Fisker for more... learn more