2023 Fisker Ocean One on 2040-cars

Auto blog

Fisker electric SUV named Ocean, and it'll have an app-based lease

Veteran car designer and Fisker chairman and CEO Henrik Fisker has done much teasing of his new electric crossover, and now it has a name: the Fisker Ocean. We like it, if we’re being honest. In the Fisker brandÂ’s previous iteration, during the era of the Karma, it had at one point planned a vehicle called the Atlantic, and we dig the marine theme. WeÂ’ve also got a few clear photos of the Fisker Ocean showing off its front and rear, as well as a look at its solar roof. On the tailgate, we can now see the “Ocean” badge beneath the Fisker logo. Fisker also announced that the Ocean will get an app-based leasing program, which Henrik Fisker himself has promised will be priced “way, way, way lower” than the electric Volvo XC40 under the Care by Volvo program (which starts at $700 a month), with “way, way, way more miles per year” and “no minimum term.” “The future of mobility is about enjoying an electric vehicle without hassle, long-term commitment and the prohibitive high cost of ownership,” Henrik Fisker said in a statement. “Driving the Fisker Ocean will be easy: through a flexible lease via a mobile app. And we take care of all the service and maintenance. Simply put, weÂ’re introducing the future of hassle-free, fun and easy e-mobility.” Reservations of for the Ocean open through the app on November 27. We wonÂ’t see the full reveal of the Fisker Ocean until January 4, 2020, but Fisker has offered a number of details about what it claims is “the worldÂ’s most sustainable vehicle.” The EV will come standard with an 80-kWh battery pack, with Fisker targeting about 250 to 300 miles of driving range on a charge. It features a solar roof, which could provide 1,000 miles of free range per year, with eventual hardware improvements increasing those efficiencies. Fisker has also put a lot of thought into the materials going into the Ocean. In lieu of leather, the crossover will feature a vegan interior. The carpet is made from recycled nylon, sourced from abandoned fishing line pulled from the oceans and other aquatic habitats. Eco-suede materials are recycled from recycled polyester and other recycled plastics. The car will also use rubber repurposed from tire manufacturing waste. Fisker will unveil the working, production-spec prototype during a livestream on January 4, but donÂ’t be surprised if we got more teasers between now and then, especially around the launch of the lease app.

Fisker starts taking reservations for urban EV developed with Foxconn

Fisker has started taking reservations for its second model, an enigmatic electric car known only as Project PEAR for the time being. Developed jointly with Taiwan-based software giant Foxconn, the five-seater will be manufactured in Ohio starting in 2024. PEAR stands for Personal Electric Automotive Revolution, according to the company, and it's presented as a compact model designed for urban environments. Fisker released a sketch to preview the car, though it stressed that it wants to keep full styling-related details under wraps until closer to the official unveiling. Pricing will start at $29,900 before taxes and various government incentives enter the equation. We're told that the PEAR will stand out with "intuitive controls, sporty driving, clever storage, and a focus on industry firsts," but the carmaker stopped short of providing concrete details. Foxconn's involvement should facilitate the task of bringing the PEAR to production; it notably builds the iPhone for Apple in China. The car will be built on a new platform called FP28 internally and designed by both companies. Customers can add their name to the waiting list by sending Fisker a $250 deposit, and the cost of a second reservation drops to $100. Deliveries are scheduled to start in 2024, and more details about the Pear should be announced in the coming months. Fisker and Foxconn jointly plan to build about 250,000 units of the model annually, but keep in mind that Fisker has a habit of not sticking to the timeline it sets. Production of the Ocean crossover was scheduled to start in late 2021 (it should enter production in Graz, Austria, a year late with help from contract manufacturer Magna), and the Emotion sedan unveiled at CES in 2018 and due out in 2019 is still nowhere to be seen. Related Video This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. Green Fisker Electric Future Vehicles

Fisker stops production, warns it may need to seek bankruptcy

Fisker Inc. is pausing production for the next six weeks as the electric-vehicle maker looks to rein in inventory and avoid possibly having to file for bankruptcy. The company didn’t make a required interest payment of about $8.4 million last week on its unsecured convertible notes due in 2026, according to a regulatory filing Monday. Fisker warned it may not be able to meet obligations to service its debt and “could need to seek protection under applicable bankruptcy laws.” Fisker shares fell as much as 14% shortly after the start of regular trading. The stock had plummeted 90% this year through last weekÂ’s close. Fisker also said Monday that it plans to raise as much as $150 million through a financing deal with the holder of its 2025-dated convertible notes. The Los Angeles-based EV maker didnÂ’t identify the existing investor and said the funding will be organized in four tranches and subject to certain conditions. The disclosures expound on the dire state of Fisker, which warned late last month that there was substantial doubt about its ability to stay in business. The company has said it will cut 15% of its workforce after struggling with production issues, software glitches and short-seller criticism. Fisker said it remains in negotiations with an unidentified large automaker about a potential investment and joint development partnership. Bloomberg reported earlier this month that the company was in talks with JapanÂ’s Nissan Motor Co., citing people familiar with the matter. In its statement, Fisker said it has about 4,700 vehicles in inventory worth more than $200 million. ItÂ’s pausing production in Graz, Austria, starting this week to sell down its supply of already-built EVs.   Earnings/Financials Plants/Manufacturing Fisker