Fisker Says It’s Got More Than $300 Million Worth Of Preorders For Its Electric SUV

  • 📰 ForbesTech
  • ⏱ Reading Time:
  • 50 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 59%

Energy Energy Headlines News

Energy Energy Latest News,Energy Energy Headlines

The would-be Tesla rival starts building $70,000 versions of its Ocean SUV in November, before adding a cheaper version late next year priced from $37,499.

©2021 Fisker Inc.

Although the company promotes a relatively affordable version of Ocean, priced from $37,499 on its website, the first 5,000 orders are for the top-end Fisker Ocean One that will cost about $70,000 each, Henrik Fisker tells. Production of those units starts Nov. 17 in Graz, Austria, at a plant operated by auto supplier Magna, its manufacturing partner. Lower-priced Oceans will be available by late 2023, he said. The company also said it has more than 56,000 total orders for the SUV.

Fisker is the latest entry to the fast-moving U.S. electric vehicle market, following launches last year by fellow startups Rivian and Lucid that offer EVs with prices topping $80,000. And though its first units will be pricey, Fisker’s strategy to cut into Tesla’s massive sales lead is to shift to more affordable models. It’s planning a cheaper version of Ocean and a small utility vehicle called PEAR that it will produce with electronics manufacturing giant Foxconn in Ohio in 2024.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

That's just for the limited edition Ocean One.. 5k * 69k ASP close to 340 million dollars.. They have other 50k reservations for Ocean. At ASP of 56k that's 2.8 Billion more in revenue backed by reservation orders..

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 318. in ENERGY

Energy Energy Latest News, Energy Energy Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Chevrolet Will Reportedly Make An Electric Corvette Sedan, Then An SUVIf this rumor is true, then there won’t be an electric Camaro sedan, but it does mean the Corvette sedan will have special attention lavished over its development. MrJonCryer But, but, but why? That would be great. We need an affordable EV more and quick. Corvette Sedan = midlife crisis compromise.
Source: InsideEVs - 🏆 579. / 51 Read more »