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Fisker
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Fisker

American electric-vehicle maker that filed for Chapter 11 bankruptcy in 2024.

Fisker was an American electric-vehicle maker that filed for Chapter 11 bankruptcy in June 2024, cited in July 2026 as a cautionary precedent for Humanoid's Schaeffler and Bosch deal.

Last refreshed: 31 July 2026 · Appears in 1 active topic

Key Question

Fisker and Foxconn promised 250,000 cars a year and built none: why?

Timeline for Fisker

#13 21 Jul

Mentioned in: Humanoid's buyers wrote the $152m cheque

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Background

Fisker was an American electric-vehicle maker that set a production goal of 250,000 vehicles a year with contract manufacturer Foxconn for its PEAR crossover in 2021, but the two never signed a final manufacturing contract.

The company filed for Chapter 11 bankruptcy in June 2024 with the PEAR still not in production, and the model was cancelled that October.

Fisker's collapse is now cited by industry analysts as the cautionary precedent for any capacity announcement that lacks a signed manufacturing contract or a confirmed unit order, a comparison drawn against Humanoid's 2026 arrangement with Schaeffler and Bosch, which similarly names no fixed volume.

Common Questions
Why did Fisker go bankrupt?
Fisker filed for Chapter 11 in June 2024 after its PEAR crossover, meant to be built with Foxconn at 250,000 units a year, never reached production.Source: TechCrunch
What happened to the Fisker-Foxconn manufacturing deal?
The two set a 250,000-vehicle annual goal for the PEAR crossover in 2021 via framework agreements but never signed the final manufacturing contract.Source: Fisker
What was the Fisker PEAR?
The PEAR was Fisker's planned crossover SUV, intended for high-volume production with Foxconn before the deal collapsed and Fisker went bankrupt.Source: TechCrunch