Nissan Might Throw Fisker $400M Lifeline to Get an Electric Truck

Fisker is in a tough spot at the moment. Henrik Fisker's new upstart electric vehicle company is struggling to sell its Ocean SUV, its stock price dropped to an all-time low of just 38 cents per share on Friday, and it announced on Thursday that it would have to cut 15% of its workforce. Due to its struggles, the company announced that investment into all new projects would be paused until it can find a manufacturing partner. Thankfully for Fisker, it may have already found that partner—Nissan.

The Drive reached out to Nissan for a comment and will update this story when we get more information.

According to Reuters, sources familiar with the negotiations claim that Nissan is looking to invest $400 million into Fisker. In return, Nissan would gain access to Fisker's EV platforms and technologies. More specifically, Nissan would build the recently announced Fisker Alaska pickup at one of its United States assembly plants and build its own electric pickup on the same platform.