Fisker went bankrupt and owners built open source car company from the ashes | Electrek
When Fisker Inc. 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. No more over-the-air updates. No more connected services. No more warranty. The manufacturer was dead.
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.
Within months of the bankruptcy filing, thousands of Ocean owners formed the Fisker Owners Association (FOA) — a nonprofit that quickly grew to 4,000 members and began operating as something between a car club, a tech startup, and an independent automaker.
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