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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. is ramping up production of the electric Fisker Ocean SUV to meet customer demand. Deliveries to European and US markets will start in June. The company plans to build 1,400-1,700 vehicles by the end of June and increase production further in Q3 2023. The Fisker Ocean SUV has a confirmed combined WLTP range of up to 707 km, the longest range of any battery electric SUV in Europe.
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Fisker Inc. has received certification from European regulators for its Fisker Ocean SUV, with deliveries set to commence on May 5. The company reports an increase in reservations following the announcement of a WLTP range of up to 707 km for the Fisker Ocean Extreme. Fisker has produced several units of both the all-wheel-drive Fisker Ocean Ultra and the front-wheel-drive Fisker Ocean Sport, with customer deliveries scheduled to start in September. This dual homologation strategy for Europe and the U.S. aims to adapt production based on demand. Additionally, the Fisker Ocean has won the 2023 Red Dot Product Design Award for Best Electric Vehicle, highlighting its market appeal.

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Fisker Inc. (NYSE: FSR) will announce its first quarter 2023 financial results on May 9, 2023, before market opening. Following the announcement, a conference call will occur at 5:00 a.m. PT (8:00 a.m. ET), featuring key executives Henrik Fisker, Burkhard Huhnke, and Geeta Gupta-Fisker. Investors can access the call via a live webcast on Fisker's Investor Relations website. The Q&A platform allows shareholders to submit questions ahead of the call, which will remain open until 24 hours prior. This initiative aims to enhance shareholder engagement by addressing investor queries directly during the call.

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Fisker Inc. (NYSE: FSR) announced that the all-electric Fisker Ocean Extreme, equipped with optional 22” wheels, achieved a WLTP range of up to 701 km (436 miles) in the UK, presenting the best range for an SUV in Europe. The company also shared that the Fisker Ocean Extreme, including the limited edition Fisker Ocean One, offers the longest range among battery electric SUVs in Europe. This achievement follows earlier results of 707 km (440 miles) on standard 20” wheels. The vehicle’s aerodynamic design, combined with optimized engineering, enhances overall driving experience without significantly impacting range when larger wheels are used. Customers can configure their Fisker Ocean through the company’s website.

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Fisker Inc. (NYSE: FSR) announced the successful completion of testing for its Fisker Ocean SUV, meeting all applicable US Federal Motor Vehicle Safety Standards (FMVSS) and New Car Assessment Program (NCAP) standards for a potential five-star rating. The company is pursuing official EPA and CARB certifications for the Fisker Ocean Extreme SUV and expects full European regulatory approval by late April, with deliveries following thereafter. Fisker is adopting a dual-homologation strategy for the US and European markets to leverage demand. In Q1, the company shifted its production strategy to avoid excess inventory, ramping up production for European deliveries on April 20, 2023, and for the US in early May, ahead of EPA approvals.

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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