growth. The increase in sales was partially offset due to factors including negative foreign currency translation effects, which caused a decrease in sales of USD 84 million. Decreased production on certain programs combined with the end of production of programs including the Dodge Charger, Fisker Ocean, Chevrolet Camaro, and Mini Clubman also caused a decline in the segment’s sales. Sales were also negatively impacted by net customer price co...

Major Suppliers  Updated at: 2025/04/25

e/540e iPerformance (2017-2023), Z4 (2018-2026 Planning); MINI Countryman (2010-2016), Paceman (2012-2016); JLR E-Pace EV (2017-2024), EV I-Pace (2018-2024), E-Pace PHV (2021-2024), E-Pace MHV (2021-2024) ; Peugeot RCZ (2010-2015), RCZ R (2013-2015); Toyota GR Supra (2019-2026 Planning); Fisker EV Ocean SUV (2022-2024, Production suspended); Sony Vision-S prototype; INEOS Range extender EV Fusilier (planning); Passenger car and SUV assembly plan...

OEM Plants  Updated at: 2025/04/23

ation, which would have forced it to liquidate its non-exempt property, and to remain in Chapter 11 bankruptcy, allowing it to continue to reorganize its assets and debts. Additionally, its management team will remain in charge for some time as the business winds down. The agreement is important to Fisker, the U.S. National Highway Traffic Safety Administration and car owners, who filed objections to converting the bankruptcy to Chapter 7, noting...

News  Updated at: 2024/08/28

Fisker seeks judge's approval to sell Ocean EVs at USD 13,927 per SUV On July 2, Fisker has asked a bankruptcy judge overseeing its Chapter 11 proceedings to approve the sale of more than 3,000 Ocean electric SUVs in its inventory for about USD 14,000 per car to a vehicle-leasing company. Following the judge's approval, Fisker will be able to offload 3,321 electric vehicles to New York-based American Lease for USD 46.25 million, according to the ...

News  Updated at: 2024/07/04

and were expected to grow, but product introductions continued to be postponed, and in the meantime the competitive environment in the market became more severe. Many companies are suffering from a slump in stock prices, with Lordstown Motors and Arrival finding it difficult to continue operations. Fisker, Nikola, Faraday Future, and others are facing the possibility of delisting, forcing them to take action.   The production systems will be aff...

Market & Tech Reports  Updated at: 2024/04/02

n existing noteholder about making an additional investment in the company. Fisker reported preliminary Q4 2023 total revenue was USD 200.1 million, an increase of USD 128.3 million compared to revenue of USD 71.8 million in Q3 2023, and had a net loss for the quarter of USD (463.6) million. Fisker Ocean production was 4,789 units in Q4 2023, and vehicles delivered to customers totaled 3,818.  For full year 2023, 10,193 Fisker Oceans were produc...

News  Updated at: 2024/03/02

Fisker, US selects Argus, Israel as cyber security partner for Ocean SUV product line On February 7, Argus Cyber Security announced that it has delivered multiple automotive cyber security products and services to Fisker Inc. (Fisker). The Argus CAN IDPS product has enabled Fisker to achieve type approval certification for its revolutionary Fisker Ocean all-electric SUV product line. Using real-time, rule-based analysis of CAN traffic, Argus CAN ...

News  Updated at: 2024/02/07

Fisker stock price drops below USD 1 per share On January 16, shares of Fisker Inc. stock fell below USD 1 on the New York Stock exchange, following disappointing Q4 and 2023 deliveries, and announcement of an investigation into 2023 Ocean electric SUV by the U.S. National Highway Transportation Administration (NHTSA) over reports of braking problems. The stock continued to fall during the week, hitting USD 0.76 by mid-day on January 19. Fisker s...

News  Updated at: 2024/01/20

First Fisker Lounge in Shanghai to be opened On October 12, Fisker, an emerging American automaker, announced that it will open the first Chinese Fisker Lounge retail location in Shanghai and start to advance its Chinese business deployment. Located on Taicang Road, Huangpu District, the Shanghai Fisker Lounge is expected to be officially opened in December 2023 or January 2024. According to the Fisker website, there is only one Fisker model curr...

News  Updated at: 2023/10/18

Fisker, Ample partner for Ocean SUV swappable batteries in Q1 2024 On May 2, EV maker Fisker announced it will start delivering its Ocean sports utility vehicle with swappable batteries made by Ample by Q1 2024.Fisker expects the partnership with Ample to help Fisker increase scale and adoption of its EVs in the U.S. and Europe, adding that Ample will share revenue related to the battery swapping mechanism.Fisker says that initial customers for A...

News  Updated at: 2023/05/09

Fisker, US expects European homologation by authorities by end of April 2023 On March 27, Fisker Inc. announces that the all-electric Fisker Ocean Extreme has a combined WLTP range of up to 707 km/440 UK miles, the longest range of any battery electric SUV sold in Europe today, exceeding Fisker’s estimates. Fisker expects European homologation by authorities by April 28, 2023, with customer deliveries thereafter. The first European Fisker Cente...

News  Updated at: 2023/03/27

xury sedans, lightweight commercial vehicles Selling EVs with range extender. Full EV launch postponed. Chinese capital. Achievements in high-end PHVs. The company also provides contract manufacturing and engineering services. Fisker (Fisker Inc.) Midsize SUVs, compact EVs Mass production of the "Ocean" SUV began in November 2022 at a consignment site in Austria. US-made compact EVs to be introduced in 2024. Outsourcing and alliances with Magna...

Market & Tech Reports  Updated at: 2023/02/08

Fisker to debut top-spec Ocean Extreme at Paris Auto Show On September 26, Fisker Inc. announced it will display a top-spec version of its upcoming Ocean full-electric crossover at the 2022 Paris Auto Show from October 17-23.The Ocean Extreme to be shown in Paris will be the most expensive of the three mainstream production trim levels offered by Fisker, and will cost from EUR 69,950 in France.The Ultra will be the next model, followed by the le...

News  Updated at: 2022/10/01

Fisker announces UK debut of Ocean electric SUV at Goodwood Festival of Speed On June 15, Fisker Inc. announced that it will bring the Fisker Ocean all-electric SUV to the 2022 Goodwood Festival of Speed Electric Avenue from June 23-26, 2022, for its United Kingdom debut. The five-passenger Fisker Ocean Sport features a range of 250 miles. Fisker is on track to start Fisker Ocean production in November at a carbon-neutral factory in Austria. The ...

News  Updated at: 2022/06/15

g(GSMA MWC™ Barcelona, organized by © GSM Association, pictures: © MarkLines Europe GmbH)   The company plans to provide full-custom designing services from RFIC (radio-frequency integrated circuit) to signal processing and target detection in the future.     The California based start-up Fisker, took the opportunity to show its fully electric SUV, the Fisker Ocean, for the first time to the public in Europe at the MWC 22. The car will ...

Market & Tech Reports  Updated at: 2022/04/26

infrastructure such as hydrogen stations. Canoo MPV, pickup truck, delivery van MPV "Lifestyle Vehicle" to be launched in the fourth quarter of 2022 Maximizing space efficiency by using a common platform for different body types. Fisker Midsize SUVs, 4 models by 2025 Fisker Inc. launched the “Ocean” SUV in November 2022. Production of models in cooperation with Foxconn to begin by the end of 2023. Cost reduction and acceleration of volume...

Market & Tech Reports  Updated at: 2022/02/21

network to create camera-like video, based on their imaging radar point cloud.   Fisker’s ADAS system would not give any wow-factor unless it embraced an imaging radar from Uhnder which was integrated by Magna. On track for delivery in late 2022, Fisker announced digital radar technology for its Ocean EV SUV, which will be part of its Fisker Intelligent Pilot. The company says radar offers better resolution to see farther in front of the vehic...

Market & Tech Reports  Updated at: 2022/01/28

CES 2022: Electric vehicles from emerging automakers VinFast, Sony, Fisker and Togg exhibits highlight rapid development of new EV market entrants Summary VinFast reveals complete EV crossover lineup Sony to enter electric vehicle market, showcases Vision-S 02 concept Fisker highlights market-first Digital Radar system on Ocean SUV Togg debuts at CES with new fastback concept VinFast CES 2022 exhibit   Due to the COVID-19 pandemic, CES...

Market & Tech Reports  Updated at: 2022/01/26

ent of EVs with Fisker   In May 2021, Foxconn Technology Group and Fisker Inc. (Fisker), an emerging US EV manufacturer, agreed to jointly develop and produce a new EV. The model to be co-developed as "Project PEAR (Personal Electric Automotive Revolution)" will be Fisker's second model after the "Ocean" electric SUV, and will be priced from under USD 30,000. Production is scheduled to begin in the fourth quarter of 2023, with an expected annual...

Market & Tech Reports  Updated at: 2021/11/30

2024. The most affordable version will be priced at US$55,000, but incentives could be higher by the time it reaches the market, depending on Congressional approval. Also noteworthy is the fact that automakers are beginning to market EVs as eco-friendly and not simply as technologically innovative. Fisker, for instance, has already revealed many key aspects of the Ocean, but has now confirmed that the SUV will use recycled fishing nets in its con...

News  Updated at: 2021/11/24