2023 Fisker Ocean One on 2040-cars

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Karma Automotive holding another hiring fair

Tesla Motors has already started putting out calls for the thousands of workers it will need at its massive Gigafactory outside of Reno, Nevada. Now, Fisker Karma Automotive is doing the same for its not-as-massive plant being built in the state next door. To a smaller extent, of course. Karma, which used to make the high-end Karma extended-range plug-in when it was still Fisker, is planning a job fair for prospective workers in Southern California's Inland Empire east of Los Angeles, according to local paper the Press-Enterprise. Specifically, Karma's job fair will take place October 10 in Moreno Valley. The company will pay as much as $26 an hour to fill its positions, and the automaker needs everything from welders to painters to fabricators, oh my. This isn't Karma's first job fair this year. This summer, the company did the same in an effort to hire about three-dozen people. The automaker didn't specify how many people it was looking hire this time out. Moreno Valley, which is about 60 miles east of Los Angeles, is where Karma is building a 556,000-square-foot factory in its return to action after about three years being out of business. The company, which is now based in Costa Mesa, CA, has said it was looking to bring in about 150 for its new factory. Fisker went bankrupt in 2013 after building about 2,600 of its Karma PHEVs. China-based Wanxiang bought Fisker out of bankruptcy early last year for $149.2 million. There were rumors that the company would rename the Karma vehicle the Elux, but there is no mention of that name on the new Karma Automotive website. Featured Gallery 2012 Fisker Karma: Second Drive View 30 Photos News Source: Press-Enterprise Green Plants/Manufacturing Fisker California plant extended-range plug-in karma automotive

Fisker introduces the $37,499 Ocean EV crossover ahead of CES 2020

Fisker unveiled an electric crossover named Ocean during a private event held before the model's official debut at CES 2020. Due out in 2022, the Ocean will compete in the same growing segment of the market as the upcoming Tesla Model Y and the recently-unveiled Ford Mustang Mach-E. The Ocean is the latest brainchild of designer Henrik Fisker, the same man responsible for the Karma (which is now known as the Revero) and the EMotion unveiled at CES 2018. It doesn't look like either of those cars, and it's more SUV-like than its aforementioned rivals. Fisker instructed his team to find ways to make the Ocean stand out in a rising tide of crossovers. Stylists came up with a handful of interesting features, like turn signal repeaters integrated into D-pillars, and solar panels integrated into the roof. Fisker explained motorists who live somewhere with good weather can generate about 1,000 miles of driving range annually by parking in the sun. Naturally, Seattleites need not apply. A thousand miles of range isn't much, but the firm argued it's a start. "We know this thing is improving, and we can then update it because we've already got the hardware," Fisker said during the unveiling.  While safety advocates celebrate the head-up display as a way to keep drivers focused on the road ahead, Fisker found a way to make the feature distracting by adding a karaoke function that presumably shows song lyrics next to the car's speed and navigation directions. We haven't seen the full interior yet, though we know it's made using sustainable materials like discarded fishing nets. There's also a California mode which lowers the six side windows, drops the rear window (like on an old American station wagon), and opens the sunroof at the push of a button to let the breeze in. The Ocean's powertrain consists of a lithium-ion battery pack with a capacity of about 80 kilowatt-hours, and an electric motor mounted over each axle for through-the-road all-wheel drive. Fisker quoted between 250 and 300 miles of driving range depending on driving conditions. Volkswagen-owned Electrify America will open its growing nationwide charging network to Ocean owners. Fisker expects to start Ocean production in late 2021, and deliveries are tentatively scheduled to begin in early 2022. Motorists who want to secure an early build slot still have time to send the company a $250 deposit.

Fisker scales back production to divert cash for working capital

Electric-vehicle maker Fisker said on Friday it will scale down production this month and produce fewer cars this year than its previous guidance, to prioritize cash for working capital needs. Shares of the EV maker, which has been struggling with a cash crunch, rose 7% in premarket. "Fisker has made a strategic decision to reduce December production to prioritize liquidity to unlock over $300 million of working capital," the company said. Fisker cut its production target for the year — at least a second time — to just over 10,000 units, compared with its earlier forecast of 13,000 to 17,000. The company said it delivered 123 vehicles on Thursday, adding it plans to accelerates sale and deliveries despite the tough market conditions for EVs. Some EV firms are facing dwindling cash reserves, pressured by high costs related to production ramp-ups and inflation and price cuts by rivals such Tesla. In its most recent financial results, which were filed after a delay due to the departure of its former accounting chief, Fisker reported a loss of $91 million and revenue of $71.8 million for the third quarter, both missing expectations. Green Plants/Manufacturing Fisker Electric