Fisker Inc. - FSR STOCK NEWS

Fisker Inc. (NYSE: FSR) has made its European debut of the all-electric Fisker Ocean SUV at the Mobile World Congress in Barcelona. Deliveries will start shortly after production begins in November 2022, targeting the U.S. and select European countries.

The Fisker Ocean Sport's starting price is $37,499 in the U.S. and €41,900 in Spain, featuring a range of 440 KM (WLTP estimate). The top trim, Fisker Ocean Extreme, offers 390 miles (EPA estimate) with advanced features. Fisker aims to establish a robust presence in Europe with new offices and brand experience centers.

Fisker Inc. (NYSE: FSR) reported Q4 2021 results in line with expectations, achieving year-end cash balances of $1.2 billion. The company unveiled the Fisker Ocean's customer-focused features, accumulating over 30,000 reservations as of February 14, 2022, reflecting a 400% increase in retail reservations compared to FY2021. Fisker prepares for the Ocean's production start in November 2022 while also launching reservations for the new Fisker PEAR, designed for urban mobility. The outlook for 2022 suggests operating expenses between $715 million and $790 million.

Fisker Inc. (NYSE: FSR) has opened reservations for its second all-electric vehicle, the Fisker PEAR, which starts at $29,900 in the US before taxes and incentives. This five-passenger urban electric vehicle is set for deliveries in 2024 and will be produced in Ohio with a minimum production target of 250,000 units per year. Reservations can be made for $250 and $100, respectively, for the first and second reservations. CEO Henrik Fisker emphasized the demand for this innovative vehicle, aiming to revolutionize urban mobility.

Fisker Inc. (NYSE: FSR) announced its participation in Citi’s 2022 Global Industrial Tech and Mobility Conference, taking place on February 22, 2022, at 10:00 a.m. PT. Henrik Fisker, Chairman and CEO, will provide insights into Fisker's business strategy and updates on the Fisker Ocean, which is on schedule for production and deliveries starting in November 2022. The event will be available via webcast on Fisker's investor relations website. Fisker aims to lead in sustainable electric vehicles and advanced mobility solutions.

Fisker Inc. (NYSE: FSR) will debut its all-electric Fisker Ocean SUV at the Mobile World Congress in Barcelona, highlighting its entry into the European market.

The Fisker Ocean offers a range of 250 miles at a starting price of $37,499. The company aims to start production in November 2022, with plans to build a comprehensive service network in Europe.

Fisker projects to sell 60,000 units annually in the region, supported by a new office in Munich and a service strategy including Fisker Mobile Service.

Fisker Inc. (NYSE: FSR) will release its fourth quarter and full year 2021 financial results on February 16, 2022, after market close. A conference call featuring CEO Henrik Fisker and other executives will follow at 2 p.m. PT (5 p.m. ET). Shareholders can submit questions via a dedicated Q&A platform prior to the call. Fisker anticipates starting production and deliveries of the all-electric Fisker Ocean in November 2022. Investors can access the live webcast on Fisker’s Investor Relations website.

Fisker showcased the all-electric Fisker Ocean SUV at CES in Las Vegas, building on its global reveal at the 2021 Los Angeles Auto Show. The vehicle features an advanced Driver Assistance System (ADAS), known as Fisker Intelligent Pilot, integrating state-of-the-art sensors and technologies for enhanced safety. The Fisker Ocean Extreme and One editions priced at $68,999 will include comprehensive safety features, while other variants, like the Fisker Ocean Sport, are set at $37,499, boasting over 350 miles of electric range.