March 25 (Reuters) - Fisker's ( FSR ) talks with a large

automaker for a potential transaction has collapsed, the

electric-vehicle startup said on Monday, sending its shares

plunging more than 30% before the bell.

Fisker ( FSR ) did not name the automaker with which it was in

talks.

Reuters had reported earlier this month that Nissan ( NSANF )

was in advanced talks to invest in the company, in a deal that

could act as a financial lifeline for the cash-strapped EV

startup.

Earlier in the day, Nissan ( NSANF ) held an event in which it

announced a long-term business plan, including its EV strategy,

and said it was looking for partners in the United States.

Fisker ( FSR ) had said earlier this month it would pause production

of its EVs for six weeks and raise up to $150 million in funding

by selling convertible notes after missing an interest payment.

The EV startup's shares have cratered this year, losing more

than 90% of their value, after it flagged going concern risk in

February and paused investments in future projects until it

secured a partnership with an automaker.

Fisker ( FSR ) pivoted to a dealer-partner model earlier this year,

after it delivered less than half of the vehicles it made in

2023 due to logistics issues.