Fisker pauses production with just $121 million in the bank

EV startup Fisker is pausing production of its electric Ocean SUV for six weeks as it scrambles for a cash infusion. The company said in a Monday morning regulatory filing that it had just $121 million in cash and cash equivalents as of March 15th, $32 million of which is restricted or not immediately accessible. […] © 2024 TechCrunch. All rights reserved. For personal use only....