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Analysis4 min read 273 words 87

Fisker went bankrupt and owners built open source car company fro

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EVRoutes Team

EV Content Writer

filed for Chapter 11 bankruptcy in June 2024, it left roughly 11,000 Ocean SUV owners holding the keys to vehicles that cost them anywhere from $40,000 to $70,000 — and that were rapidly losing the software brains that made them work

What's Happening

What happened next is one of the most remarkable stories in the history of the electric vehicle industry. Instead of accepting that their cars would become rolling paperweights, Fisker Ocean owners organized, reverse-engineered their vehicles’ proprietary software, hacked into CAN bus networks, built open-source tools on GitHub, and effectively stood up a volunteer-run open-sourced car company from the ashes of Fisker.

Why This Matters for EV Owners

The Bigger Picture

This development reflects broader shifts in the European EV market as charging infrastructure expands and new models enter the market..

What This Means for Your Wallet

Based on current European charging rates, DC fast charging costs between €0.30-0.65 per kWh depending on the network and country. This translates to roughly 40-60% savings compared to equivalent petrol costs. A typical fast-charging session takes 20-45 min (10-80% DC fast) — enough time for a coffee break on a long trip.

What to Watch Next

As the EV landscape continues to evolve, developments like this shape the transition to electric mobility across Europe..

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