Fisker Slashes Production Totals, Latest Signal Of Broader Trouble In The EV Segment
The year 2023 has been a rough road for many EV startups with several companies struggling to overcome challenges related to lingering supply chain issues, softening demand and rapidly shrinking cash reserves. Fisker Inc is the latest company to cut its production forecast as the company struggles to reign in expenses. Missed Goals For Fisker, Is It A Sign Of Things To Come? Fisker’s latest cut to its production forecast is a swift departure from the company’s prior statements which claimed that the company was on track to reach a production target of 42,400 cars. That figure has now …