2023 Fisker Ocean on 2040-cars

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Fisker cuts production forecast as challenges mount for EV startups

Fisker Inc lowered its 2023 production target on Tuesday, the latest sign that U.S. electric-vehicle startups were struggling to ramp up output in the face of supply chain constraints, easing demand and a tight cash position. Shares of the company slumped 12% in premarket trading. This comes just days after the automaker announced it had delivered its first Ocean SUV in Denmark, followed by its first vehicle registration in Germany. The results follow weak earnings and a production outlook cut overnight from Lucid Group Inc, sending its stock tumbling 10%. U.S. EV startups' hopes of shaking up the industry collided with rising interest rates and sluggish demand, with many grappling with production challenges. Market leader Tesla has also cut prices to stoke demand. Fisker now expects to produce between 32,000 and 36,000 units in 2023, compared with its previous target of 42,400 cars. The company blamed the cut on supply chain issues and an updated timing for homologation, or the certification for roadworthiness. Its 32-cent per share adjusted loss for the first three months of the year was also larger than Wall Street estimates for a 30-cent loss, according to Refinitiv data. As of March 31, Fisker had about $652.5 million in cash and cash equivalents, compared with $1.04 billion a year earlier. The company expects to produce between 1,400 and 1,700 vehicles in the second quarter. Related video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. Earnings/Financials Green Plants/Manufacturing Fisker SUV Electric

Henrik Fisker previews secretive car with gorgeous butterfly doors

Earlier this month, Henrik Fisker announced plans for a 400-mile electric car that would follow up on the failed Fisker Karma. Fisker recently took to Twitter where he posted a picture of a mysterious vehicle with magnificent dihedral (also known as butterfly) doors. This, then, is our first look at Fisker's upcoming electric vehicle. So far, everything looks good. Besides the dihedral doors, there's not much to go off of. Dihedral doors aren't new, as McLaren uses the units on its entire range (as do other cars, mainly exotics), but the rear-hinged ones are unique. We've seen suicide doors and falcon doors on four-door vehicles, but no rear-hinged dihedral ones intended for production that we can recall. According to Fisker, the upcoming model uses the fancy doors for better ingress and egress. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. Other than the nifty doors, the front fascia has what looks to be LED accent or running lights on the side, while the rear taillights are also LED units. As Fisker claimed earlier this year, the upcoming electric car will be a "spiritual successor" to the Karma and that shows in the profile of the car, although the teased car has shorter front and rear overhangs. Fisker hasn't released a lot of information on the upcoming vehicle, besides that it would be "sporty and spacious." The outline of the vehicle definitely looks sporty, but there's no way to say if it's spacious from the one image. The new vehicle will be Fisker's first under his new company called Fisker Inc. The battery technology for the vehicle is currently being developed at UCLA, by the company's own battery division known as Fisker Nanotech. The vehicle is expected to be revealed late next year. Related Video: News Source: @FiskerOfficial Design/Style Green Fisker Electric Future Vehicles Sedan Henrik Fisker nanotech fisker inc

Henrik Fisker interview, and driving the Polestar 2 | Autoblog Podcast #643

In this week's Autoblog Podcast, Editor-in-Chief Greg Migliore is joined by Senior Editor, Green, John Beltz Snyder. They've been driving the updated 2021 Honda Odyssey, the 2020 Mercedes-AMG GLC 43 and the new Polestar 2 electric sedan. After reviewing those, they talk about how the Chrysler 300 appears to be withering on the vine. Next, they take time to talk to legendary automotive designer and eponymous Chairman & CEO of Fisker Inc., Mr. Henrik Fisker himself, about jeans, horses and, of course, electric cars. Finally, they help a listener pick a $100,000 supercar in the "Spend My Money" segment. Autoblog Podcast #643 Get The Podcast iTunes – Subscribe to the Autoblog Podcast in iTunes RSS – Add the Autoblog Podcast feed to your RSS aggregator MP3 – Download the MP3 directly Rundown Cars we're driving 2021 Honda Odyssey 2020 Mercedes-AMG GLC 43 2020 Polestar 2 Chrysler 300 soldiers on for 2021 with pared-down range, higher price Henrik Fisker interview Spend My Money Feedback Email – Podcast@Autoblog.com Review the show on iTunes Related Video: