Electric Vehicle Company Fisker Inc FSR could be in the spotlight for investors with strong reservation numbers and late 2022 production.
A recent interview by Henrik Fischer shared an update on the company and the future.
What happened: Henrik Fisker, CEO of Fisker, speaking during a fireside chat at the Cowen Annual Global Transportation & Sustainable Mobility Conference.
Fisker shared updates on various areas of the company, including production, future models and international expansion, which were published on the company blog. Fiskerati.
Fisker Ocean: The much-anticipated Fisker Ocean SUV is on track to begin production on November 17, 2022, according to Fisker. The electric vehicle company had nearly 60,000 reservations for the Ocean, which exceeded the company’s expectation of 50,000 by the end of 2022.
The Fisker Ocean Sport and Ultra models sold out quickly, according to Fisker.
Fisker’s CEO saw the company meet its goal of exceeding one million vehicles per year by 2027, led by a strong brand, product and design.
The Fisker Ocean will continue its roadshow for its vehicles with appearances at the Norway and Paris motor shows in October 2022.
Partner Magna Steyr, owned by Magna International Inc MGA, will produce the Fisker Ocean. Fisker said Magna is considering increasing production capacity in 2023, including adding the US in 2024.
Fisker believed the company would be able to ramp up production faster than other companies thanks to its relationship with Magna, which has an equity interest in the company.
The CEO said Fisker could build 40,000 vehicles in 2023, making Fisker the fastest growing electric vehicle company in history, with Fisker being briefly mentioned Tesla Inc TSLA during his comments.
Related link: Fisker Announces Magna as Partner on $37,499 Ocean SUV
US News: Fisker spoke about the Inflation Reduction Act, which boosts US manufacturing for federal tax incentives. Fisker said when U.S. production begins, the Magna will…
