Fisker reports delay in closing EV platform deal with VW

Henrik Fisker — Fisker: It is not a good idea to build your own plant as a startup company and try to teach people how to build a car, especially a car that is brand new with new technology. (BLOOMBERG/Bloomberg)

By:

BEN KLAYMAN and JOSHUA FRANKLIN

By:

Reuters

July 31, 2020 06:09 PM

Shares of the so-called blank-check company merging with electric carmaker Fisker fell 20 percent on Friday after it disclosed it would not close a deal by the end of July to use Volkswagen Group's EV platform for its vehicles.

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