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Fisker
Electric SUV (Discontinued)Ocean~$38K
AmericanCarBrands.comActive Brands › Fisker Inc.
EV Startup · Founded 2016 · Designer-Led

Fisker Inc.

Henrik Fisker's second attempt at an EV company. The Fisker Ocean earned design awards and strong pre-order interest before production quality issues and financial turmoil led to a Chapter 11 bankruptcy filing in June 2024. The brand's fate remained uncertain through 2025.

Founded
2016
HQ
Los Angeles
Parent
Independent
CEO
Henrik Fisker
Stock · Ref. Only
OTC: FSRN (post-bankruptcy)
Status
● Active
⚡ What Changed · March 2026
Brand At A Glance
TypeEV (Defunct)
Founded2016
HQLos Angeles, CA
ParentBankrupt 2024
~$273M
Revenue
FY 2023 (final full year)
10,193
Vehicles Produced
Total before Chapter 11
June 2024
Chapter 11 Filed
US Bankruptcy Court Delaware
2016
Founded
By Henrik Fisker
$37,499
Ocean Base Price
Original starting MSRP
350mi
Ocean Extreme Range
EPA rated
Updates Models Reliability History Ownership Recalls Used FAQ Sources
Lineup Intelligence

Fisker Inc. Model Lineup

Current models in production as of 2026. Pricing reflects base MSRP — actual transaction prices vary by region and dealer.

⚡ Electric SUV
Ocean (Discontinued)
From $37,499 (original)
Fisker's flagship product. Unique 270-degree solar roof, California Mode (all windows open simultaneously), vegan interior. Strong design but production quality widely criticized. Chapter 11 ended new sales.
View Guide →
⚡ Ultra-Affordable EV
PEAR (Cancelled)
$29,900 announced
People's Electric Automotive Revolution — a compact affordable EV planned for production via Foxconn in Ohio. Project cancelled following bankruptcy. Had 65,000+ reservations at peak.
View Guide →
⚡ Electric Pickup
Alaska Pickup (Cancelled)
TBA
An electric pickup based on the Ocean platform. Announced but never reached production due to the company's financial collapse.
View Guide →
Reliability Intelligence

Fisker Inc. Reliability Data

Rankings updated quarterly. Aggregated from industry reliability reports and resale market data.

Brand Reliability Score
Overall Reliability Rating
Editorial estimate based on aggregated industry data. Score = estimated problems per 100 vehicles in first 3 years of ownership.
N/A
Bankruptcy — No Ongoing Production
Insufficient production volume for standardized reliability scoring.
Reliability tiers aggregated from published surveys and owner reports. Rankings updated quarterly. No proprietary dataset licensing claimed. AmericanCarBrands.com is not affiliated with any survey publisher.
Brand Intelligence

History & Background

Henrik Fisker previously founded Fisker Automotive in 2007 (which produced the Karma PHEV before bankruptcy in 2013). He founded Fisker Inc. in 2016 with a asset-light, contract manufacturing model. The Ocean was produced by Magna International in Austria. Despite winning design awards and generating over 65,000 reservations, quality complaints and financial mismanagement led to a Chapter 11 filing in June 2024. Approximately 10,000 vehicles were produced.

Corporate Structure

Ownership & Corporate Structure

Fisker Inc. filed for Chapter 11 bankruptcy protection in June 2024. As of 2025, the company's assets are being managed through the bankruptcy process. Henrik Fisker remains associated with any potential reorganization efforts. Existing Fisker Ocean owners face service and warranty challenges due to the company's insolvency. The brand should not be confused with Karma Automotive, which acquired the original Fisker Automotive's assets in 2014.

Parent Company
Independent
Stock / Trading
OTC: FSRN (post-bankruptcy)
Founded
2016
Headquarters
Los Angeles
Insurance Intelligence

Fisker Inc. Insurance Cost by Model

Full coverage estimates. Avg: ~$195/mo.

Model / TrimMonthlyAnnualvs Avg
Ocean Sport $165/mo $1,980/yr Some carriers restricting coverage post-bankruptcy
Ocean Ultra $195/mo $2,340/yr Higher MSRP + supply uncertainty premium
Ocean Extreme $215/mo $2,580/yr Largest battery pack; highest replacement cost
Ocean One (Launch Ed.) $230/mo $2,760/yr Rarest; parts hardest to source

ⓘ Fisker Ocean insurance is now significantly above average due to the company's bankruptcy — parts supply uncertainty, no manufacturer warranty support, and limited certified repair technicians create elevated risk for insurers. Some carriers have restricted or stopped offering comprehensive coverage on Fisker vehicles.
Always obtain 3+ personalized quotes from licensed insurers. Rates vary by driver history, ZIP, credit, and mileage. These are rough editorial estimates — not quotes. NHTSA Recalls ↗

Common Questions

Fisker Inc. FAQ

Frequently asked questions about Fisker Inc.. Independent editorial answers — not sponsored.

Is Fisker going out of business? +
Fisker Inc. filed for Chapter 11 bankruptcy in June 2024. New vehicle sales ceased. Existing Fisker Ocean owners face uncertainty regarding warranty support and parts. Some service infrastructure may continue through third-party agreements.
Should I buy a used Fisker Ocean? +
Used Fisker Ocean vehicles present significant uncertainty. Warranty support is compromised by the bankruptcy. Parts availability and service network are unclear. Independent inspection and research into post-bankruptcy service options is strongly recommended before purchase.
What happened to Fisker's Ohio factory? +
The planned Ohio factory with Foxconn never reached production. The PEAR model that was to be produced there was cancelled. Foxconn purchased the former Lordstown Motors facility in Ohio, which was to be used for PEAR production.
⚠ Safety & Recalls

Fisker Recalls & Safety Notices

⚠ Always verify recalls on your specific VIN at NHTSA.gov/recalls — this section is editorial context only.
🔍 Fisker Recall Overview & Context +

Fisker filed for bankruptcy in 2024. The Ocean EV has had significant recall activity and software issues. Service network is extremely limited post-bankruptcy. Check NHTSA carefully before purchasing any used Fisker.

ⓘ Editorial summary only. Not a substitute for official NHTSA VIN lookup. Check your VIN at NHTSA ↗

📋 How to Check Fisker Recalls by VIN +
  1. Go to nhtsa.gov/recalls
  2. Enter your 17-digit VIN (found on dashboard, door jamb, or title)
  3. Review all open recalls — note which have been remediated
  4. Contact an authorized Fisker dealer to complete any open recalls at no cost
ⓘ Recall repairs are always free at authorized dealers, regardless of vehicle age, mileage, or ownership status.
📱 OTA vs Dealer Recall Repair — What’s the Difference? +
📱 OTA Update
Software-only fix pushed wirelessly. No dealer visit required. Common on Tesla, GM (Super Cruise), Ford (Sync), and newer models.
🔧 Dealer Repair
Physical parts replacement or mechanical repair required. Must schedule dealer appointment. Always free under recall.

ⓘ NHTSA determines recall remedy type. OTA-resolved recalls still appear in NHTSA history — check that your vehicle's remedy has been applied.

ⓘ Editorial recall context only. Not affiliated with Fisker or NHTSA. Always verify at nhtsa.gov/recalls. Disclaimer →

💰 Used Market Intelligence

Buying a Used Fisker

Independent editorial guide. Not affiliated with Fisker, dealers, or any resale platform. Not purchasing advice.

5-Year Depreciation Est.
70–80%+ post-bankruptcy
Editorial estimate — verify with market tools
Best Used Sweet Spot
Not recommended for most buyers due to bankruptcy/service concerns. Research thoroughly before purchasing.
🔍 Used Fisker Market Notes

CAUTION: Fisker Inc. filed for Chapter 11 bankruptcy in June 2024. Used Ocean EVs carry significant risk — no manufacturer warranty support, extremely limited service infrastructure, and uncertain parts availability. Buy only with full awareness of these risks.

Used Buying Checklist
Run VIN at NHTSA.gov/recalls
Pull Carfax or AutoCheck history
Verify all recalls completed
Inspect for accident/flood damage
Confirm CPO/warranty status
Get independent pre-purchase inspection
Check for outstanding liens
Test all electronics/ADAS features

ⓘ Editorial guide only. Not purchasing, legal, or financial advice. Always conduct independent due diligence. Disclaimer →

Sources & Citations

About This Page — AmericanCarBrands.com independent editorial research. Updated March 2026. Not affiliated with Fisker Inc.. Not financial or purchasing advice.

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