US auto safety regulator closes probe into nearly 7,000 Fisker electric SUVs
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The U.S. auto safety regulator has closed its investigation into nearly 7,000 Fisker Ocean SUVs due to the inadvertent activation of the automatic emergency braking system. The decision was made as no further information is expected from the bankrupt EV maker.
January 17, 2025 | 12:00 pm
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The U.S. auto safety regulator has closed its investigation into Fisker Ocean SUVs due to issues with the automatic emergency braking system. The closure is due to the lack of further information from Fisker, which is bankrupt.
The closure of the probe indicates that there will be no further regulatory actions or updates regarding the braking system issue. However, since Fisker is already bankrupt, the impact on its stock price is neutral as the market likely already priced in the company's financial troubles.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80