Quartz
Subscribe
Quartz
Subscribe
Edition
Business News
A.I.
Technology
Money & Markets
Leadership
Lifestyle
Latest

Get Quartz in your inbox

Free daily briefing on global business news.

Business News
AirlinesAutomobilesFoodPharmaceuticalsPolitics & GovernmentRetail & EcommerceSpace & AerospaceEarnings
Technology
A.I.ComputingConsumer TechSpace & AerospaceEarnings
Money & Markets
Economic IndicatorsMarketsPersonal FinanceEarnings
Lifestyle
Cars & BikesCollectingEntertainmentFood & Fine DiningHealth and FitnessReal EstateTravel
Quartz

Global business news for a smarter world

Topics

  • Business News
  • Money & Markets
  • Tech & Innovation
  • Generation A.I.
  • Lifestyle
  • Leadership

Products

  • Daily Brief
  • Weekly Digest
  • Member Benefits
  • Quartz Pro

Legal

  • Sitemap
  • About
  • Accessibility
  • Privacy
  • Terms of Service
  • Advertising

© 2026 Quartz Media, Inc. All rights reserved.

News

EV makers Lucid and Fisker are recalling thousands of electric sedans and SUVs over power issues

The respective issues could increase the risk of a crash, according to U.S. regulators

By William Gavin·2 min read·Updated August 6, 2024
Add QZ to Google

Lucid $LCID Motors and the Fisker Group are recalling thousands of electric sedans and SUVs after the companies discovered issues that could cause a loss of power.


Lucid said it would recall more than 5,200 Air luxury sedans, although just a fraction of them likely have the defect, according to documents posted by the National Highway Transportation Safety Administration (NHTSA).

The Californian startup said cars made before December 2022 are susceptible to hardware connection faults, which could open a safety mechanism protecting against high voltage exposure while driving. As a result, the electric vehicle would lose drive power, which could increase the risk of a crash.

Lucid said it released an over-the-air software update on June 24 to fix the issue and will notify vehicle owners who have not already accepted the update by the end of August. The recall comes as the automaker reports strong second-quarter deliveries and restructures its operations. Lucid in May warned it only has enough liquidity to make it through the next 12 months.

And Fisker, the failed EV startup that filed for bankruptcy last month after years of issues, is recalling more than 11,300 Ocean SUVs across the world due to a water pump issue that could cause a loss of power. The automaker issued a stop-sale notice to dealers in the U.S., Canada, and the European Union for the Ocean, its troubled flagship model.

The recall includes 7,545 vehicles sold in the U.S., according to the NHTSA. Fisker said a communication failure with the cabin’s water pump affects Ocean’s high voltage battery management system, cutting off drive power. All units made between February 2023 and March 2024 are affected.

Fisker said it would replace all cabin electric water pumps with new parts for free, according to the recall notice. Owners and dealers will be notified on August 23.

Fisker made just over 10,000 Oceans before it filed for bankruptcy. The SUV has also been the source of more than 100 complaints filed with U.S. regulators, with owners reporting their vehicles suddenly losing power and seeing their cars’ front hoods flying up when driving at high speeds.

During the bankruptcy proceedings, Fisker’s sold SUVs are covered by warranty. But, assuming that the company fails to emerge from bankruptcy, owners will likely find it difficult to find anyone to fix their cars. A group of them recently formed the Fisker Owners Association, which says it will advocate for ensuring continued access to parts and services.

Daily Brief

The essential business news, delivered fresh every morning.

Join 500,000+ readers who start their day with Quartz.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Related

A.I.Who's afraid of the jobs apocalypse now?
Business NewsDisney is cutting several hundred jobs, with ESPN layoffs tied to NFL Network integration
Politics & GovernmentBessent is threatening to sanction China for stealing U.S. AI model capabilities
A.I.China's Moonshot AI is seeking a $50 billion valuation in pre-IPO funding talks
Business NewsAmazon Prime members have one week left to claim up to $51 from the $2.5 billion FTC settlement