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Fisker talking to 5 automakers, seeks production: 'We have 2 cars that are almost ready'

Sat, Nov 11 2023

  BERLIN — U.S. electric vehicle startup Fisker is negotiating with five carmakers over a partnership to secure additional production capacity for its vehicles, its Chief Executive Henrik Fisker said on Thursday. "We have two cars that are almost ready. We can bring them to market fast — we just need the capacity," Fisker said, speaking to Reuters in Berlin. The CEO told Reuters in May he was exploring partnerships with everyone from suppliers to tech companies to scale up production. On Thursday, he said he was in negotiations with five "traditional car companies" and hoped to pick a partner in the coming months. The California-based startup has one vehicle on the market — an SUV called Ocean, being launched from a factory in Austria operated by a unit of Magna International. Two further models, a pickup and a smaller SUV, are due to be released by 2025. The SUV, called PEAR, will be built with Foxconn in Ohio, but further capacity is needed for both models. Production Fisker Pear View 26 Photos It has so far produced 5,000 units of the Ocean car, according to a September update. Still, it cut its annual production target in August and adjusted pricing in October as it grappled with a slowdown in electric-vehicle demand. The chief executive was confident the company was still on the road to profit, and said it would report a double-digit margin this year, in line with its annual forecast of an 8-12% gross margin for 2023. It is due to release third-quarter results on Monday, after reporting a loss of 25 cents per share in the second quarter.    

2024 Fisker Ocean Extreme price chopped, other trims get more expensive

Mon, Oct 23 2023

Fisker is changing up the pricing for its Ocean SUV by drastically reducing the price of its top trim and increasing the price of its lower trims. The biggest swing is for the Ocean Extreme trim, as Fisker is dropping the MSRP by $7,500 down to just $61,499. Additionally, Fisker says that “customers who have already ordered or purchased an Ocean Extreme will receive a $7,500 price adjustment.” Why is Fisker dropping the price so much? “It is essential that Fisker responds to competitive realities in the rapidly growing EV market,” CEO Henrik Fisker said. Without saying so out loud, that means Tesla. The Model YÂ’s pricing has fluctuated wildly over the past couple of years, and while a nearly $70,000 SUV mightÂ’ve been a competitive price point before, Fisker thinks it needs to get closer in line with the marketÂ’s current pricing. All that said, the price of the Ultra and Sport models will be going up at the same time. The Ultra is up by $3,000 to $52,999, and the Sport is up by $1,500 to $38,999. This new pricing will go into effect on November 6, which is when Fisker says itÂ’s opening ordering for 2024 model year Oceans. Anybody with an order in before November 5 will get to retain their original (lower) pricing. Beyond the pricing news, Fisker says its Extreme trim is officially EPA-rated for 350 miles of range now. EPA ratings for the lower trims still arenÂ’t out, but Fisker claims 231 miles for its base Sport trim. Related video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.

Fisker Ocean EV production to ramp up to 300 units a day in fourth quarter

Thu, Sep 7 2023

Electric-vehicle startup Fisker said on Thursday it expects to increase the production of its Ocean sports utility vehicle to about 300 units a day in the fourth quarter from around 180 units. The company has a manufacturing tie-up with Canadian auto part supplier Magna International, which produces its vehicles for the European and North American markets. Vehicle deliveries are expected to accelerate in North America in September, CEO Henrik Fisker said. As of Sept. 4, Magna has manufactured 3,123 vehicles, with just under 3,000 handed over to Fisker, the company said, adding that more than 450 Fisker Oceans in the US have been either delivered to customers or are in the process of being delivered. Last month, Fisker cut its annual production target due to supply chain issues. That overshadowed a smaller-than-expected quarterly loss and its first revenue from deliveries of electric sport utility vehicles. Even as suppliers recovered from a "COVID hangover" to keep pace with Fisker's production ramp-up, one key supplier of a complicated part which needs specific skilled labor, is taking longer than expected, the company had said. Green Plants/Manufacturing Fisker Crossover Electric

Fisker Pear electric hatchback revealed in more detail

Thu, Aug 31 2023

Just a few weeks ago, Fisker showed off the future of its electric lineup at its "Product Vision Day." Among the highlights was the new compact Fisker Pear, which is intended to arrive with a sub-$30,000 price point and be an affordable alternative to the likes of the Chevy Bolt (currently on hiatus) and Nissan Leaf. While the Pear isn't quite ready for prime time, Fisker has shared a host of photos to accompany a few new details about this budget-friendly EV.  We now know the Pear will measure approximately 15 feet long (4550mm) and will be offered in both five- and six-seater configurations, further enhancing what already promises to be a flexible and utilitarian platform. The cargo section is referred to as the Pear's "Houdini trunk," which allows access to the hatch area in tight nose-to-tail parking situations or low ceiling heights thanks to a rear glass section that opens downward into the rear load floor, rather than swinging up and out like a normal hatch. Fisker also hopes to launch the Pear with exterior camera mirrors, but those are still under review due to regulatory requirements. And then there's the "froot." Think frunk, only British — or vegetarian. It's a sealed front storage compartment intended to store things that should be isolated from the cabin, like sweaty workout gear or pungent leftovers. Fisker says it will even offer an insulated option for storing temperature-sensitive items. Gig drivers, take note. The cabin itself is "designed to be extremely durable, with no fragile moving parts." Fisker calls it a boon for families and ride-share drivers, but there's also an upside for the manufacturer that consequently doesn't have to bother with expensive physical controls.  Fisker says the Pear will also have a "Lounge Mode" that allows all of the seats to fold completely flat to create a relaxation or sleeping area along with a rotating, 17-inch screen to provide entertainment while you're stretched out. The six-seater option replaces the single front passenger seat and center console with a large two-seat bench.  Fisker also appears close to finalizing the Pear's electric range. Previously, the company said it was hoping to deliver up to 310 miles on the EPA test cycle. Fisker has revised that up to 320 miles on the high end. In addition, it's offering a target for the smaller, city-oriented battery pack that is expected to come standard at the Pear's $29,990 starting price.

Ford Mustang GTD, Acura ZDX and Pebble Beach recap | Autoblog Podcast #795

Fri, Aug 25 2023

In this episode of the Autoblog Podcast, Editor-in-Chief Greg Migliore is joined by News Editor Joel Stocksdale. In the news, there were a lot of recent unveilings, including the Ford Mustang GTD, Pininfarina B95, Lamborghini Lanzador, Acura ZDX and Fisker Alaska. We recap Pebble Beach and the Woodward Dream Cruise. Joel is fresh off a track drive of the Audi R8 (at Laguna Seca!), and we give ann update on our long-term Toyota Sienna minivan. Finally, we take to Reddit to help pick a new car with a V8 in this week's "Spend My Money" segment. Send us your questions for the Mailbag and Spend My Money at: Podcast@Autoblog.com. Autoblog Podcast #795 Get The Podcast Apple Podcasts – Subscribe to the Autoblog Podcast in iTunes Spotify – Subscribe to the Autoblog Podcast on Spotify RSS – Add the Autoblog Podcast feed to your RSS aggregator MP3 – Download the MP3 directly Rundown 2025 Ford Mustang GTD revealed as a race car for the road — it costs $300,000 Pininfarina B95 revealed, 0-60 in 2 seconds, and at $4.8 million is the priciest EV ever Lamborghini Lanzador concept is a megawatt wedge previewing the first Lamborghini EV 2024 Acura ZDX revealed with up to 500 horsepower Fisker Alaska electric pickup specs, price and production plans revealed Cars we're driving 2023 Audi R8 Quattro Long-term 2023 Toyota Sienna Spend My Money Feedback Email – Podcast@Autoblog.com Review the show on Apple Podcasts Autoblog is now live on your smart speakers and voice assistants with the audio Autoblog Daily Digest. Say “Hey Google, play the news from Autoblog” or "Alexa, open Autoblog" to get your favorite car website in audio form every day. A narrator will take you through the biggest stories or break down one of our comprehensive test drives. Related video: Podcasts Acura Audi Fisker Ford Lamborghini Toyota Concept Cars Electric Future Vehicles Luxury Performance

Fisker Alaska electric pickup specs, price and production plans revealed

Thu, Aug 17 2023

One of the more exciting vehicles that Fisker revealed earlier this month was the Alaska electric pickup. The specs look promising, and the truck has an attractive enough design, and now Fisker has even more details to share. Its size was a bit of a question before, but now we know that it measures 208.8 inches in length. That makes it a few inches shorter than most of the midsize pickups currently on the market, but a good bit larger than compact trucks like the Ford Maverick and Hyundai Santa Cruz. Basically, think of it as a small midsize pickup. Fisker also revealed that there will be two battery packs available. A 75 kWh pack will offer about 230 miles of range. The larger 113 kWh pack promises up to 340 miles on a full charge. Performance will vary depending on how you spec it, too. The slowest version of the Alaska will do the 0-60 mph run in 7.2 seconds, and the quickest will do the same in 3.9. A starting price of $45,400 is the current, expected MSRP, though Fisker makes it clear that this and all the other specs it laid out today are “targeted specifications.” Basically, donÂ’t be surprised to see all these numbers change a bit once Fisker gets closer to a launch date. Fisker says the Alaska will be manufactured in the U.S. (presumably with the goal of qualifying for the federal EV tax credit). As for when the Alaska hits the market, said production is claimed to begin in the first quarter of 2025. Those interested can reserve one for $250, and if you really love this truck so much already, you can reserve a second one for only an additional $100.  Related video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. Tesla Model S Plaid 2022 review and reaction

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

Tue, Aug 15 2023

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

Fisker Ronin $385,000 electric convertible early details revealed

Fri, Aug 11 2023

Announced in May 2022, the Fisker Ronin will be positioned as the young brand's flagship model when it goes on sale later in the 2020s. It's still under development, but Fisker released preliminary specifications such as range and pricing to give us a better idea of what to expect. New images of the Ronin show a low-slung convertible with two full-size front doors, a pair of smaller rear doors, and pronounced wheel arches that are reminiscent of the Karma. The front doors open in a butterfly fashion, like in many modern McLaren models, while the back doors are rear-hinged to facilitate the task of hopping in the back seats. And your eyes aren't deceiving you: the Ronin looks more like a sedan than a convertible in some of the photos. Fisker explains the model will come standard with a power-operated hard top. It describes the Ronin as "a sizeable vehicle" that's capable of seating up to five passengers and that offers "exceptional" cargo capacity. The driver will face a futuristic-looking steering wheel with what looks like an integrated instrument cluster, a digital dashboard that's not unlike the Hyperscreen fitted to some current-generation Mercedes-Benz models, and a 17.1-inch display for the infotainment system. Powertrain details are vague at best, and Fisker warns that the figures it's providing could change because the Ronin is a work in progress. As of writing, it plans to deliver a convertible with over 1,000 horsepower and approximately 600 miles of driving range from a battery pack integrated into the aluminum space-frame chassis. Composite parts, including carbon fiber wheels, will help offset the drivetrain's weight. If everything goes according to plan, the Ronin will reach 60 mph from a stop in 2 seconds flat and keep accelerating until 170 mph. Fisker claims it will build 999 units of the Ronin by hand, though there's no word yet on where production will take place. Pricing starts at $385,000, a figure that puts the convertible in supercar territory, and deliveries are tentatively scheduled to start in the second half of 2025. We're taking this date with a grain of salt: hitting deadlines isn't one of Fisker's strengths. It initially planned to deliver the Ronin in 2024. Related Video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. Featured Gallery Fisker Ronin, preview images Green Fisker Convertible Electric

Henrik Fisker: No 'final conclusion' yet in Foxconn deal

Sat, Aug 5 2023

Two years ago, EV startup Fisker seemed to have hooked a giant when it announced a deal with Taiwanese iPhone maker Foxconn to build a sub-$30,000 crossover in the United States. It turns out that deal hasn't been finalized, according to comments Fisker founder and CEO Henrik Fisker made during an interview with TechCrunch. "In the Foxconn deal specifically, we don't yet have a final conclusion to this deal," Fisker told TechCrunch on the sidelines of an event in Huntington Beach, California, to showcase its future EV portfolio. While Henrik Fisker is still confident it will come together, his comments show just how precarious and complex automotive manufacturing deals can be. And considering Foxconn's history of backing out of other factory agreements, there's reason for some caution. The Foxconn-Fisker deal Foxconn and Fisker signed in February 2021 a memorandum of understanding agreement, with the goal of producing 250,000 vehicles annually. While it wasn't clear which vehicle Fisker might build with Foxconn, the automaker had said that it was working on the Personal Automotive Electric Revolution (PEAR) — an EV built for cities and urban environments that would cost less than $30,000. The Fisker-Foxconn deal came together relatively quickly following the announcement of the memorandum, and by May 2021, Foxconn and Fisker had a signed agreement, setting those expectations in writing. A few months later, Foxconn made a separate deal with EV maker Lordstown Motors that included buying its factory in Ohio and helping the struggling company manufacture its Endurance electric pickup truck. Fisker became a beneficiary of the deal when, in May 2022, the company announced it reached an agreement with Foxconn to build its PEAR EV at the Lordstown factory. But cracks soon formed in Foxconn's agreement with Lordstown Motors. Lordstown Motors filed for bankruptcy and has sued Foxconn for "fraudulent conduct," stating that the Taiwanese company had made a litany of "broken promises." Foxconn currently still owns the manufacturing plant in Lordstown, Ohio, and Fisker says that plans to build the PEAR in the Lordstown plant are still on track. Foxconn is no stranger to scuttling done deals. The company withdrew from a $19.5 billion agreement with Indian company Vedanta last month. It also famously received a $3 billion incentives package to build a factory in Wisconsin that was supposed to create 13,000 jobs.

Fisker Alaska electric pickup is one of the coolest Cybertruck and F-150 Lightning rivals yet

Sat, Aug 5 2023

The Fisker Alaska electric pickup truck. Fisker US EV startup Fisker unveiled an electric pickup to take on the Tesla Cybertruck and Rivian R1T.  Fisker says the Alaska will start at $37,900 after incentives and go on sale in early 2025. It offers an ingenious bed that extends from 4.5 feet to 9.2 feet.  EV startup Fisker wants to snag a chunk of America's pickup market from giants like Ford and GM.  The company on Thursday laid out plans for its next batch of products, including a very cool truck called the Alaska. Fisker didn't mention too many details, but we now know a few things about the upcoming truck.  "I think it's very important for us to say that we want to create unique vehicles," company CEO and designer Henrik Fisker said during the event.  The Fisker Alaska electric pickup truck. Fisker Fisker says it'll start at $45,400, or $37,900 after a $7,500 federal tax credit. That should make it one of the most affordable electric trucks in the US when it goes on sale sometime in early 2025.  The F-150 Lightning (a bigger truck, but still) was supposed to start at just under $40,000, but rising materials costs have pushed the entry-level model to $51,990. The Rivian R1T, a bigger, higher-end offering than the Alaska, costs $73,000 and up.  The Fisker Alaska electric pickup truck. Fisker That makes the Alaska look like a mighty compelling deal, if Fisker can keep the price where it is. There's also currently nothing like it. All the electric pickups out right now — the Lightning, GMC Hummer EV, and R1T — are fairly large. The soon-to-be-released Tesla Cybertruck looks like a pretty big boy too.  Fisker revealed three brand-new electric models and a new version of its Ocean SUV during an event in California. Fisker Fisker says the Alaska will fit somewhere between the compact and midsize categories. So think bigger than a Ford Maverick and smaller than a Toyota Tacoma. It could strike a chord with buyers who want an electric truck for casual errands but don't need anything huge.  During Thursday's product-reveal event, Fisker's CEO said the company didn't want to compete with full-size trucks and wanted to build a pickup that works well as a daily driver.  The Fisker Alaska electric pickup truck. Fisker Still, he wanted the Alaska to provide pickup utility when people need it. Thanks to a retractable wall between the cab and bed, the Alaska's 4.5-foot bed can fit items as long as 9.2 feet — if you fold the back seats and drop the tailgate.