Embattled EV startup Fisker files for bankruptcy

FREDERIC J. BROWN

• Fisker has filed for bankruptcy, following its warnings of potential business failure.
• The company initiated a series of layoffs over the past few months.
• Fisker is one of several companies to face headwinds from an EV sales slowdown.

Fisker filed for Chapter 11 bankruptcy protections on Monday, marking a brutal blow to the startup that was once worth as much as $8 billion.

Fisker, the second failed automotive...