OUCH: Bankrupt Fisker says it can’t migrate its EVs to a new owner’s server.
Car publications were already warning consumers to steer clear of the Ocean as early as this March, despite massive price cuts that saw these electric SUVs being offered for less than $25,000. A New York-based company called American Lease was less deterred by this warning and in June agreed to purchase the remaining Fisker inventory—approximately 3,300 cars for a total of $46.3 million dollars. By October, American Lease had paid Fisker $42.5 million and had taken delivery of about 1,100 Oceans.
That was the plan until the end of last week, at least. Last Friday evening, Fisker informed American Lease that the Oceans “cannot, as a technical matter, be ‘ported’ from the Fisker server to which the vehicles are currently linked to a distinct server owned and/or controlled by” American Lease.
American Lease says it “cannot overstate the significance of this unwelcome news,” particularly since it had already paid Fisker the vast majority of the agreed price.
Caveat emptor.