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EV startup Fisker to recall more than 11,000 vehicles in latest setback (June 12)
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EV startup Fisker to recall more than 11,000 vehicles in latest setback (June 12)
Jul 9, 2024 6:38 AM

(In June 12 story, corrects headline to say company to recall

more than 11,000 vehicles, not 18,000 vehicles; corrects

paragraph 1 to say Fisker ( FSRNQ ) recalling thousands of cars, not more

than 18,000 cars)

June 12 (Reuters) - Fisker ( FSRNQ ) said on Wednesday it was

recalling thousands of cars in North America and Europe due to

faulty software and non-compliance with safety standards, in the

latest setback for the cash-strapped electric-vehicle startup.

The Manhattan Beach, California-based company is

"voluntarily recalling" 11,201 Fisker Oceans in the U.S.,

Canada, and Europe to fix software issues that may cause the

vehicle to enter a safe state protection mode, potentially

leading to a loss of motor power.

It is also recalling 6,864 Fisker Oceans in the U.S. as they

do not meet Federal Motor Vehicle Safety Standards (FMVSS) for

gauges and telltale icons in the cluster display. It is also

recalling 281 of the vehicles in Canada.

The startup plans to resolve the issues through an

over-the-air update to its Ocean OS vehicle software by June 30.

Vehicles that have already updated to the latest version of

the software are not affected by the recall action, it said.

Fisker's ( FSRNQ ) Ocean SUV, its only model in production currently,

is being investigated by the U.S. National Highway Traffic

Safety Administration for four safety-related incidents.

The latest probe, announced last month, is looking into

complaints about its automatic emergency braking system being

activated inadvertently.

Its Austrian unit filed for bankruptcy protection in May

even as the cash-strapped EV startup is looking for investment

options after talks for a potential investment with a major

automaker collapsed.

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