Cash Strapped Fisker Delays Pear Compact EV Development

Fisker has paused development of its affordable compact EV, the Pear, amid talks with an unnamed car maker for investment into the cash-strapped company.

 

Fisker started rolling out deliveries of its Fisker Ocean electric SUV late last year but has struggled with cashflow amid a wider cooling off of investor confidence in pre-profit EV companies.