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Fisker Set to Make First All-electric Papal Transport

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Fisker Inc. (NYSE: FSR) announces plans to create the first all-electric vehicle for Pope Francis after a historic meeting at the Vatican. Co-founders Henrik Fisker and Dr. Geeta Gupta-Fisker shared designs for this sustainable papal transport aimed at reducing emissions during public blessings. The Fisker Ocean, with over 16,000 reservations, is set to enter production on November 17, 2022, starting at $37,499 in the U.S. The vehicle will feature sustainable materials, including carpets made from recycled plastics, and aims to provide an exhaust-free experience for gatherings.

Positive
  • Historic collaboration with the Vatican enhances brand visibility and credibility.
  • Fisker Ocean has over 16,000 reservations, indicating strong market interest.
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  • None.

Fisker Inc. (NYSE: FSR) (Fisker) – passionate creator of the world's most sustainable electric vehicles and advanced mobility solutions – is set to develop the first all-electric vehicle for the Holy See, Pope Francis, after a historic visit to Vatican City. Fisker co-founders, Henrik Fisker and Dr. Geeta Gupta-Fisker, during a private audience with Pope Francis on Thursday, presented a vision for the design of an all-electric papal transport.

Fisker Inc. – passionate creator of the world's most sustainable electric vehicles and advanced mobility solutions – is set to develop the first all-electric vehicle for the Holy See, Pope Francis, after a historic visit to Vatican City. Fisker co-founders, Henrik Fisker and Dr. Geeta Gupta-Fisker, during a private audience with Pope Francis on Thursday, presented a vision for the design of an all-electric papal transport. (Photo: Business Wire)

Fisker Inc. – passionate creator of the world's most sustainable electric vehicles and advanced mobility solutions – is set to develop the first all-electric vehicle for the Holy See, Pope Francis, after a historic visit to Vatican City. Fisker co-founders, Henrik Fisker and Dr. Geeta Gupta-Fisker, during a private audience with Pope Francis on Thursday, presented a vision for the design of an all-electric papal transport. (Photo: Business Wire)

"I got inspired reading that Pope Francis is very considerate about the environment and the impact of climate change for future generations," says Henrik Fisker. "The interior of the Fisker Ocean papal transport will contain a variety of sustainable materials, including carpets made from recycled plastic bottles from the ocean."

An all-electric papal transport will provide the first exhaust-free and emissions-free experience for those gathered for blessings by His Holiness. The spacious interior of the Fisker Ocean SUV supports a large, modern, all-glass cupola, offering accessibility and visibility for Pope Francis to greet the faithful. This specially created Fisker Ocean will be the first all-electric papal transport – adding to a long line of iconic designs from the pen of Henrik Fisker.

The company plans to deliver this singular version of the Fisker Ocean to the Pope next year. The Fisker Ocean is projected to start production on November 17, 2022. There are currently more than 16,000 reservation holders for the Ocean, which will offer incredible value and features that compare favorably to competitive EVs across the entire price range.

The Fisker Ocean starts at $37,499 in the U.S. (excluding applicable subsidies) and €32,000 in Germany (including VAT and applicable subsidies). It will be available in premium versions that include compelling features such as Ultra High Range (approximately 350 miles), all-wheel drive and many more yet to be announced.

For more information or interview inquiries, contact Fisker@GoDRIVEN360.com.

About Fisker Inc.

California-based Fisker Inc. is revolutionizing the automotive industry by developing the most emotionally desirable and eco-friendly electric vehicles on Earth. Passionately driven by a vision of a clean future for all, the Company is on a mission to become the No. 1 e-mobility service provider with the world's most sustainable vehicles. To learn more, visit www.FiskerInc.com – and enjoy exclusive content across Fisker's social media channels: Facebook, Instagram, Twitter, YouTube, and LinkedIn.

Download the revolutionary new Fisker mobile app from the App Store or Google Play store.

Forward-Looking Statements

This press release includes forward-looking statements, which are subject to the "safe harbor" provisions of the US Private Securities Litigation Reform Act of 1995. These statements may be identified by words such as "feel," "believes," expects," "estimates," "projects," "intends," "should," "is to be," or the negative of such terms, or other comparable terminology and include, among other things, the quotations of our Chief Executive Officer and statements regarding the Company's future performance and other future events that involve risks and uncertainties. Such forward-looking statements are not guarantees of future performance and are subject to risks and uncertainties, which could cause actual results to differ materially from the forward-looking statements contained herein due to many factors, including, but not limited to: Fisker's limited operating history; Fisker's ability to enter into additional manufacturing and other contracts with Magna, or other OEMs or tier-one suppliers in order to execute on its business plan; the risk that OEM and supply partners do not meet agreed upon timelines or experience capacity constraints; Fisker may experience significant delays in the design, manufacture, regulatory approval, launch and financing of its vehicles; Fisker's ability to execute its business model, including market acceptance of its planned products and services; Fisker's inability to retain key personnel and to hire additional personnel; competition in the electric vehicle market; Fisker's inability to develop a sales distribution network; and the ability to protect its intellectual property rights; and those factors discussed in Fisker's Annual Report on Form 10-K under the heading "Risk Factors," filed with the Securities and Exchange Commission (the "SEC") and other reports and documents Fisker files from time to time with the SEC. Any forward-looking statements speak only as of the date on which they are made, and Fisker undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date of this press release.

FAQ

What vehicle is Fisker developing for Pope Francis?

Fisker is developing the first all-electric vehicle specifically designed for Pope Francis.

When will Fisker Ocean production start?

Production of the Fisker Ocean is set to begin on November 17, 2022.

What is the starting price of the Fisker Ocean?

The Fisker Ocean starts at $37,499 in the U.S. before subsidies.

How many reservations does the Fisker Ocean have?

The Fisker Ocean currently has over 16,000 reservations.

What sustainable materials will be used in the papal transport?

The papal transport will include sustainable materials like carpets made from recycled plastic bottles.

Fisker Inc.

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