Overview

• Fisker plans to sell the vehicles for an average of $14,000 each, down from original prices up to $70,000.
• The sale to American Lease is valued at $46.25 million and includes various conditions for vehicle condition.
• The deal is vital for Fisker to meet essential business expenses and avoid a chaotic liquidation.
• Fisker's bankruptcy has led to multiple recalls and concerns over long-term support for vehicle owners.
• The court hearing for the sale approval is scheduled for July 9, with objections due by July 8.