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Home Cars

EV maker Fisker is now exploring outside collaborations, CEO says

May 17, 2023
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Fisker said the EV startup has 65,000 reservations for its Ocean SUV, which is being launched from a factory in Austria operated by a unit of Magna International Inc.

He reaffirmed a target of producing 1,400 to 1,700 Ocean EVs this quarter. The company earlier this month cut its full-year production forecast for the Ocean, but Fisker said on Wednesday that problems securing a part for the Ocean’s interior have been resolved.

For now, Fisker’s agreement with Magna allows for production of up to 120,000 Ocean EVs a year from the Magna Steyr plant in Graz, Austria.

Fisker’s next model line, the U.S.-built PEAR, will start at $29,990 and will be shown for the first time on Aug. 3 in Los Angeles, Fisker said. Fisker plans to have the model assembled by contract manufacturer Foxconn at a factory in Ohio.

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