The Fisker Owners Association will also gain access to this data and receive additional support services for current owners down the road.
. Fisker’s move to sell off its assets got the green light from the bankruptcy court in Delaware. To resolve this, American Lease agreed to pay an extra $2.5 million over five years to oversee the cloud services that keep the Ocean SUVs up and running. Owners who have already paid for labor to fix the recalls will also be able to seek reimbursement through this process.
Once the plan takes effect, owners who address the recalls can head to an authorized service center for repairs without paying for labor. American Lease had concerns about transferring essential data to a new server for operating the EVs né?. Initially Fisker had stated it would cover the cost of the parts but not the labor. The plan also outlines the amounts different creditors will receive from the asset sales.
The plan steps in to tackle the labor costs tied to the two recalls affecting Fisker’s Ocean SUVs. Then they can file for reimbursement with the trustee managing Fisker’s liquidation né?. Now a newly appointed trustee will be in charge of handling the sale of assets worth around $1 billion which includes the manufacturing equipment used for building Fisker’s electric SUVs. The court settled the issue of who would foot the bill for the labor costs linked to two recalls on the electric vehicle startup’s bankrupt SUVs.
This approval by the court wraps up a four-month journey through Fisker’s bankruptcy proceedings. The service centers will then need to submit their claims for reimbursement to the liquidation trustee.
Fisker also managed to solve a last-minute hiccup with American Lease, the New York-based leasing company that bought the startup’s remaining fleet of approximately 3,000 Ocean SUVs for $46.25 million. However due to legal challenges the company did a U-turn and agreed to cover the labor expenses for the recalls.
For any owner who wants to address the recalls before the plan kicks in they’ll need to cover the labor costs upfront né?. While three recalls can be sorted out with a simple software update two others call for swapping out parts né?
