Fisker is in some serious trouble, as disagreements between management and its founder resulted in Henrik Fisker to step down from his position. Fiskers only real hope at this point is to find a buyer or a strategic partner to help alleviate its financial issues. For a long time, Geely – Volvo’s owner – would end up being the high bidder, mostly due to their interest in Fisker’s Delaware assembly plant. According to a report from Reuters, Geely has pulled out of the bidding process because of the DOE loan conditions.
