2023 Fisker Ocean on 2040-cars

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Fisker earnings call touts the Ocean's arrival, teases the Pear

Henrik Fisker's on his third go as head of an independent carmaker. It started with Fisker Coachbuild, putting new bodies on German sports cars to create the Tramonto and Latigo. His dreams soon went electric with Fisker Automotive and the Karma. The latest dream revision birthed Fiker Inc, the company behind the Ocean. Based on details provided during the company's Q4 and full-year 2022 results call with analysts, the third time could well and truly be the charm. The bullet points are a startup's dream. There are 56 Ocean prototypes on the roads, 15 of them in partner Magna Steyr's fleet for daily testing and validation. Fisker Inc spent less money than expected in 2022 ($702 million) and has more cash on hand than expected. And if things go smoothly in 2023, the predicted spend and gross margin could leave Fisker Inc with "potentially positive EBITDA [Earnings Before Interest, Taxes, Depreciation, and Amortization] for 2023." Huge if it happens. If there's slightly mixed news, it's with the Q1 2023 timeline. The good bit is that Fisker says homologation programs in the U.S. and seven European countries are "progressing well," the processes expected to conclude in March. After that, the company needs to secure final regulatory approvals from the U.S. EPA, California's Air Resources Board, and the seven international regions. Fisker touted the broad market strategy as lowering risk since getting approved in multiple markets would give the company the option to go where demand is greatest. The target has been to get the first 300 Ocean units delivered by the end of March, Fisker saying the company secured supplier commitments for the quarterly and annual build schedules. With the amount of paperwork yet to be done, though, hitting the March deadline could be close. After that, according to the CEO, it's back to uncut good news. Those homologation programs have apparently shown ranges better than expected for the Ocean. Instead of the 350-mile range predicted on the U.S. regime, Fisker thinks "it's going to be closer to 360 [miles]." Instead of the Europe's WLTP prediction of 630 kilometers, he said, "I think this will be closer to 700."  As of the end of February, the company is sitting on roughly 65,000 reservations or orders for the Ocean. The goal is to manufacture 42,000 units this year, the ramp-up going from 300 in Q1 to 8,000 in Q2, more than 15,000 in Q3, and at least 19,000 in Q4.

Fisker Pear electric hatchback teased, promises $29,900 price

Here is our first good look at a new model from Fisker called “Pear.” Yes, that is Pear like the fruit, so itÂ’s apt that the teaser image is mostly shades of green. Explicit details on the Fisker Pear are few, but the company gave us a couple things to chew on. For one, Fisker is promising a base price below $29,900, and this is prior to federal or state EV tax credit incentives. ItÂ’s to be built on a “new proprietary architecture,” so donÂ’t expect it to share much with the big Ocean SUV CEO Henrik Fisker said that the little hatchback will feature “new lighting and a wraparound front windscreen inspired by a glider plane glass canopy.” We can get a small sense of what the car will generally look like from the single teaser image released by Fisker. While the company claims this vehicle wonÂ’t fit into any existing segment, it sure looks like a compact hatchback to us. Though, we suppose, it's also possible it literally looks like a pear. The beefy fenders give it a decidedly sporty flair, and the large wheels and mesh front grille only add to the effect. Its scatter-shot lighting running the length of the front end does indeed look different from anything else out there, and the same can be said for its strangely curved A-pillar. This concept (or whatever it is) is also sporting camera sideview mirrors. If U.S. regulations are changed to allow those, then theyÂ’d be a possibility. Otherwise, Fisker will need to swap those out for some traditional mirrors before production. Fisker has high hopes on the production front, too. It plans to produce the Pear at the now Foxconn-owned factory in Lordstown, Ohio. Once production ramps up, Fisker predicts it will be able to produce a minimum of 250,000 Pears per year, an extremely ambitious goal. Whether demand exists for 250,000 small EVs per year from Fisker is a question we may see answered this decade, as Fisker says the Pear will enter production in Lordstown in 2024. As for the future, Fisker (the man) says the PearÂ’s platform will underpin two additional Fisker (the car) models, but says details will come at a later date. Related video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.

Fisker will adopt Tesla's NACS EV charging connector by 2025

Electric vehicle startup Fisker said on Tuesday it signed a deal with Tesla to adopt its North American Charging Standard (NACS), giving Fisker customers access to the automaker's Supercharger network by 2025. A plethora of automakers, including Ford Motor and General Motors, are moving away from the standard Combined Charging System (CCS) connector to Tesla's previously proprietary charging design, which is set to dominate the industry. Fisker said its vehicles made 2025 onwards will have the NACS port for charging, while other customers can use an adapter to access Tesla's 12,000-strong network of public fast chargers in the U.S. and Canada. The company will continue to provide an adapter for the CCS if customers wish to continue using the technology, the EV maker said. Tesla's recent deals represent major strides in displacing a rival standard, CCS, that earlier exclusively had the backing of President Joe Biden's administration. The government is offering $7.5 billion in funding to speed the deployment of EV chargers in the United States. Most automakers have shied away from building large charging networks as installing and maintaining chargers requires a substantial investment for still-limited returns. Related video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. Green Fisker Tesla Electric Infrastructure