(Reuters) – Fisker (OTC:) said on Wednesday it is recalling more than 18,000 cars in North America and Europe for faulty software and failure to meet safety standards, in the latest setback for the cash-strapped electric vehicle startup.
The Manhattan Beach, California-based company is “voluntarily” recalling 11,201 Fisker Oceans in the US, Canada and Europe to resolve software issues that could cause the vehicle to enter a safe state protection mode, potentially leading to a loss of engine power.
It is also recalling 6,864 Fisker Oceans in the US because they do not meet Federal Motor Vehicle Safety Standards (FMVSS) for gauges and telltale instrument panel icons. 281 vehicles are also being recalled in Canada.
The startup plans to resolve the issues by June 30 via an over-the-air update of the Ocean OS vehicle software.
Vehicles that have already been updated to the latest version of the software are not affected by the recall, the report said.
Fisker’s Ocean SUV, the only model currently in production, is under investigation by the U.S. National Highway Traffic Safety Administration for four safety-related incidents.
The latest investigation, announced last month, is investigating complaints about the inadvertent activation of the automatic emergency braking system.
Its Austrian unit filed for bankruptcy protection in May as the cash-strapped EV startup looked for investment opportunities after talks over a potential investment with a major automaker collapsed.
