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Fisker Inc. - FSR STOCK NEWS

Welcome to our dedicated page for Fisker news (Ticker: FSR), a resource for investors and traders seeking the latest updates and insights on Fisker stock.

Fisker Inc. (FSR) is a pioneering company in the electric vehicle (EV) industry, specializing in the design and manufacture of sustainable and innovative mobility solutions. Headquartered in Manhattan Beach, California, Fisker is committed to revolutionizing the automotive sector with its eco-friendly vehicles.

The company is spearheaded by Henrik Fisker, a renowned automotive designer. Fisker Inc. focuses on creating electric vehicles that combine cutting-edge technology with sleek, modern design. Their core product, the Fisker Ocean, is an all-electric SUV that has garnered significant attention for its impressive range, advanced features, and affordable price point.

Recent achievements include the unveiling of the Fisker Ocean at international auto shows, securing key partnerships with global suppliers, and expanding their manufacturing capabilities. Fisker is actively working on expanding its product lineup, with projects like the Fisker PEAR (Personal Electric Automotive Revolution), aimed at creating more accessible and affordable EV options for consumers.

Financially, Fisker Inc. is positioning itself for long-term growth by focusing on cost-effective production and strategic alliances. The company's innovative approach and commitment to sustainability have attracted significant investor interest and support.

Fisker Inc. is not just about cars; it is about reimagining the future of mobility. The company's vision extends beyond individual ownership to include shared mobility solutions and services that cater to the evolving needs of urban living.

With a dedicated team of experts, robust financial backing, and a clear vision for the future, Fisker Inc. is set to play a significant role in the global shift towards electric vehicles and sustainable transportation solutions.

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Fisker Inc. (NYSE: FSR) has officially commenced production of the all-electric SUV, Fisker Ocean, at its carbon-neutral factory in Graz, Austria, marking a significant milestone in just over two years of development. With over 63,000 reservations indicating robust demand, two trims are already sold out in the U.S. for 2023. The production ramp is set to increase from over 300 units in Q1 to 42,400 by year-end. The Fisker Ocean Extreme boasts features like dual-motor all-wheel-drive and a 350-mile range, retailing at $68,999.

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Fisker Inc. (NYSE: FSR) reported Q3 2022 results aligning with expectations, maintaining a full-year spending forecast of $715-$790 million. As of October 31, 2022, the company received over 62,000 reservations for the Fisker Ocean. Production is set to commence on November 17, 2022, with a planned 42,400 units for 2023. Ending Q3 with $824 million in cash, Fisker remains financially solid. The company also unveiled key features at the Paris Auto Show and formed a partnership with Wallbox for EV charging solutions.

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Fisker Inc. (NYSE: FSR) will release its third quarter 2022 financial results after the market closes on November 2, 2022. A conference call will follow at 2 p.m. PT, featuring CEO Henrik Fisker, CTO Burkhard Huhnke, and CFO Geeta Gupta-Fisker. Shareholders can submit questions via a Q&A platform prior to the call, which will remain open until 24 hours before. Fisker is on schedule to commence production of the all-electric Fisker Ocean in November 2022.

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Fisker Inc. (NYSE: FSR) has successfully produced 95 prototype Fisker Ocean SUVs through its manufacturing partner, Magna Steyr. These prototypes will be utilized for testing, marketing, and training purposes. CEO Henrik Fisker expressed satisfaction with the vehicle quality and improved production line speed during a recent plant visit. Fisker aims to prepare its teams for the official launch of the all-electric SUV, which is set for November 17, 2022. Currently, Fisker has over 60,000 reservations, including 5,000 sold-out Fisker Ocean Ones.

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Fisker Inc. (NYSE: FSR) will showcase the all-electric Fisker Ocean at the 2022 Mondial de l'Auto in Paris from October 17-23, 2022. The company is on track to begin production in November 2022, with first deliveries to France expected in April 2023. The featured model, the Fisker Ocean Extreme, priced at 69,950 €, offers a range of 630 kilometers on a single charge. Fisker also plans to open a Fisker Lounge and Center+ in Paris in 2023, enhancing market presence in Europe.

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Fisker Inc. (NYSE: FSR) has partnered with Wallbox (NYSE: WBX) to offer home EV charging solutions, enhancing convenience for Fisker Ocean owners. Wallbox's Pulsar Plus chargers will be available via Fisker’s website in the U.S., Canada, and select European markets starting November 2022. The partnership includes installation services through Wallbox across Europe and by COIL in North America. Fisker aims to provide class-leading, accessible EV charging technology while promoting the transition to electric vehicles globally.

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Fisker Inc. (NYSE: FSR) will showcase its Fisker Ocean SUV at the 2022 Oslo Motor Show from October 28-30, marking its entry into Norway. Production is set for November 17, 2022, at a carbon-neutral facility in Graz, Austria, with deliveries beginning shortly after. The Fisker Lounge in Oslo will offer sales and service. The Ocean Extreme model, priced at KR 625,000, boasts a range of 630 km on a single charge. Fisker aims to lead in sustainability, utilizing around 50 kg of recycled materials in the vehicle.

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Fisker Inc. (NYSE: FSR) announced it will webcast its participation in two investor conferences. Henrik Fisker, CEO, will present at Cowen's 15th Annual Global Transportation & Sustainable Mobility Conference on September 8, 2022, at 10:00 a.m. PT, and at Morgan Stanley's 10th Annual Laguna Conference on September 15, 2022, at 12:15 p.m. PT. Both will cover updates on Fisker’s business strategy and the Fisker Ocean electric vehicle, expected to begin production in November 2022.

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Fisker Inc. (NYSE: FSR) showcased the Fisker Ocean ONE at the Milken Institute's Hamptons Dialogues, auctioning a limited edition for $170,000 to support the Prostate Cancer Foundation. This premier all-electric SUV features a range of 350 miles and includes innovative technologies at a starting price of $68,999. Fisker is on track to commence production on November 17, 2022, with potential revenue of $350 million from its sold-out initial batch.

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FAQ

What is the market cap of Fisker (FSR)?

The market cap of Fisker (FSR) is approximately 52.8M.

What does Fisker Inc. specialize in?

Fisker Inc. specializes in designing and manufacturing electric vehicles and sustainable mobility solutions.

Where is Fisker Inc. headquartered?

Fisker Inc. is headquartered in Manhattan Beach, California.

Who leads Fisker Inc.?

Fisker Inc. is led by Henrik Fisker, a renowned automotive designer.

What is the Fisker Ocean?

The Fisker Ocean is an all-electric SUV that features impressive range, advanced technology, and an affordable price.

What are some of Fisker's recent achievements?

Recent achievements include the unveiling of the Fisker Ocean, securing key partnerships, and expanding manufacturing capabilities.

What financial strategies does Fisker Inc. employ?

Fisker focuses on cost-effective production and strategic alliances to ensure long-term growth and sustainability.

What is the Fisker PEAR?

The Fisker PEAR (Personal Electric Automotive Revolution) is a project aimed at creating more accessible and affordable electric vehicles.

How does Fisker Inc. contribute to sustainable transportation?

Fisker Inc. contributes by designing innovative electric vehicles and exploring shared mobility solutions for urban living.

Is Fisker Inc. involved in shared mobility services?

Yes, Fisker Inc. is exploring shared mobility solutions to cater to the evolving needs of urban living.

What makes Fisker Inc. a significant player in the EV industry?

Fisker's innovative approach, commitment to sustainability, and strong leadership make it a significant player in the global shift towards electric vehicles.

Fisker Inc.

NYSE:FSR

FSR Rankings

FSR Stock Data

52.82M
452.67M
1.29%
25.01%
17.08%
Auto Manufacturers
Consumer Cyclical
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United States
Manhattan Beach