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bankruptcy

3 stories tagged bankruptcy on EV Digest.

Market

Obrist, Company Known for Tesla Range Extender Conversions, Declares Bankruptcy

The Austrian engineering firm Obrist, which gained notoriety for its "HyperHybrid" concept that added a gasoline range extender to Tesla vehicles, has filed for bankruptcy. The company, which spent over a decade promoting its hybrid technology as a superior alternative to pure battery-electric cars, reportedly owes approximately $37 million across three insolvent entities. Despite its persistent efforts, Obrist never successfully brought its range-extended EV solution to market in a production vehicle.

October 15, 2026·Electrek·Obrist
Market

Fisker Faces Bankruptcy Amid Production Woes and Financial Instability

EV startup Fisker is on the brink of bankruptcy, filing for Chapter 11 protection as it struggles with a production strategy that saw it outsource manufacturing to Magna Steyr. This move follows a series of financial challenges, vehicle recalls, and the inability to secure critical funding, jeopardizing the future of its Ocean SUV and broader business.

August 13, 2026·Financial Times (Google News)·Fisker
Market

Lucid Shares Plummet on Bankruptcy Speculation

Lucid Group's stock (LCID) experienced a significant drop following unsubstantiated reports circulating on social media regarding potential bankruptcy. The luxury EV maker, backed by Saudi Arabia's Public Investment Fund, has not commented on the rumors, which appear to have originated from a fake account.

July 15, 2026·Bloomberg (Google News)·Lucid
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