FSR Stock Alert: Fisker Responds to NHTSA Concerns Over Braking

On Jan. 11, the National Highway Traffic Safety Administration’s (NHTSA) Office of Defects Investigation (ODI) announced that it would conduct a preliminary evaluation (PE) of the 2023 Fisker (NYSE:FSR) Ocean after it received nine complaints about the loss of the vehicle’s braking performance. One of the complaints allegedly involved a crash and injury. The Ocean’s braking system utilizes both friction and regenerative braking.“The complaints allege a partial loss of braking over low traction surfaces, wit ...