2023 Fisker Ocean on 2040-cars

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Over 40,000 customers reportedly cancel their Fisker Ocean reservation

Fisker's ongoing financial troubles have reportedly scared off a substantial number of the buyers who reserved the electric Ocean crossover with a refundable deposit. The company has lost more than 40,000 reservations that it will need to reimburse, according to a recent report. Citing leaked data and internal metrics, Business Insider wrote that Fisker received between 70 and 80 cancellations per day "in a recent seven-day average." The total number of canceled reservations stands at over 40,000, the report said, which represents a huge chunk of the reported 70,000-plus reservations the firm has collected since it opened the order book in November 2019. Fisker hasn't commented on the report. If this is accurate, the cancellations compound Fisker's problems in several ways. First, the brand's sales forecast has seemingly fallen by over 50%, meaning its revenue forecast has inevitably dropped by the same number. This comes at a time Fisker needs to generate more sales in order to stay afloat; it recently paused production of the Ocean to save money, and it's sitting on a massive inventory of unsold cars. Second, Fisker will need to refund the deposit it collected from every reservation holder who cancels, according to Business Insider and the brand's terms and conditions. It costs $250 to reserve one example of the Ocean and $100 for each additional reservation; both sums are refundable. Fisker keeps the $25 processing fee that's added to every reservation, however. The publication estimates Fisker owes its customer base about $9 million. It adds that "a few thousand" customers have separately canceled an order, though the $5,000 deposit on those isn't fully refundable. It's not far-fetched to assume some of the customers who reportedly canceled a reservation realized they can get a new Ocean right away for much cheaper than initially advertised — Fisker slashed the price of its leftover 2023 models by up to $24,000 in March 2024 to trim its inventory of unsold cars and generate cash. Other customers might have simply lost faith in a company teetering on the brink of bankruptcy. While the Ocean, which is built by Magna in Austria, is the only Fisker model that has reached production, the company has shown three other electric cars that it began taking reservations for and ostensibly planned to sooner or later build. There's a pickup called Alaska, a city car named PEAR, and a four-door convertible known as the Ronin.

See the Fisker Ocean electric crossover on video for the first time

We’ve already seen the Fisker Ocean crossover in the flesh at its global debut at CES 2020, but, as always, that was just the beginning of its story. Fisker had planned on bringing its new electric car to the Geneva Motor Show, but, sadly, the entire expo was canceled on account of coronavirus concerns. Nonetheless, Fisker still had something to deliver to those intrigued by the eco-friendly EV — which has a relatively sane starting price of $37,499 — including more details, new photos and even some running footage of the Ocean testing at the track. With this latest PR salvo, we learn more about the OceanÂ’s underpinnings. It uses a multi-link rear suspension to help bolster its sporting chops, packaged to save space and provide more room for cargo in the trunk. Fisker says this multi-link is mounted on an isolated subframe in order to reduce vibration and noise, so that handling doesnÂ’t come at the cost of comfort. As for efficiency, Fisker describes an aerodynamic system that aims to balance minimizing drag with optimized cooling. The novelty is less in the concept than the approach. The air flowing toward to radiator is regulated by a computer in order to maximize driving range. In terms of safety, Fisker highlights the OceanÂ’s structure, which was designed with special focus on protecting the battery pack during side-impact crashes. So, yeah, thatÂ’s not a ton of new info. WeÂ’re not surprised, as weÂ’ve expected Fisker to feed us details of the Ocean crumb by crumb until its actual production launch in the last quarter of 2021. WhatÂ’s perhaps more interesting than the completely expected attention to comfort, efficiency and safety is that this release give us our first look of the Fisker Ocean actually driving: To recap earlier coverage, the all-electric Fisker Ocean will offer up to 300 miles of range on a charge from its 80+ kWh battery, and all-wheel drive will be offered on all but the base model. The Ocean can add 200 miles of driving range in 30 minutes on a 150-kW DC charger. It will offer up to 250 kW (335 horsepower), but a more powerful performance version will be detailed at a later date, targeting a 0-60 time of 2.9 seconds. The Ocean is 182.7 inches long, 76 inches wide, and 63.6 inches tall, with a cargo volume of 20 cubic feet that expands to 25 with a parcel shelf, and a max volume of 45 cubes with the rear seats down. The base model will have 20-inch wheels, with 22-inchers available.

Karma Revero refresh spied in California

The Karma Revero, the reborn version of the short-lived Fisker Karma, has been on sale for a few months. Very little changed when the car went back on sale. While it may look the business, the platform itself is quickly becoming dated. Plug-in hybrids and luxury cars have moved forward leaps and bounds since the car originally went on sale back in 2012. As these spy shots show, Karma is well into development on the next-gen Revero. Don't expect the new car to stray too far from the Revero's basic formula. Look for a sleek four-door sedan with slightly oversized proportions. In fact, this looks like a heavy refresh rather than an all-new design. The basic cabin doesn't look all that much different than the current car. Hopefully Karma will figure out how to better package the interior. The current car compromised a lot in order to retain the concept car looks. The current Revero is a plug-in hybrid that uses a GM Ecotec turbocharged inline four. Two electric motors send 403 horsepower and 981 pound-feet of torque to the rear wheels. Look for a revised powertrain with improved range and charge time. Expect some sort of active safety features, too. The current model costs $130,000, but don't look for a drop in price. Small-volume cars like this are expensive to build. Related Video: Featured Gallery Karma Revero spy shots View 12 Photos Image Credit: Spied Bilde Green Spy Photos Fisker Green Automakers Hybrid Luxury Sedan karma karma revero