Publishing this report prior to the start of production, shows Fisker’s foundational approach to sustainability and social impact, and how deeply embedded ESG is within the company, while reinforcing our commitment to transparency. In August, Fisker published its inaugural ESG Impact Report. Through this process, Fisker sold out its 2023 US allotment of the Fisker Ocean Sport and Fisker Ocean Ultra trim levels.
Prior to the Inflation Reduction Act being signed into law, Fisker established a process for qualifying US-based Fisker Ocean reservation holders to enter into binding contracts, retaining potential eligibility for the existing federal EV tax credit. Thank you for your continued confidence in our team,” Fisker added. This is a very exciting time for Fisker, with the start of production for the Ocean just two weeks away. “Last month at the Paris Auto Show, we unveiled several innovative and industry-first features in the Fisker Ocean including our unique interface. We are making deliberate choices on how to best deploy capital and structure our assembly volumes for a successful ramp,” stated Henrik Fisker, Chairman and Chief Executive Officer of Fisker. “Fisker is delivering on our SOP commitment despite a challenging environment due to our focused collaboration with all of our partners and suppliers. Fisker is on target for a start of global production on November 17, 2022. Prototype Fisker Ocean on the production line at Magna Steyr's carbon-neutral factory in Graz, Austria. (NYSE: FSR) (“Fisker”) - passionate creator of the world’s most sustainable electric vehicles and advanced mobility solutions - today announced its financial results for the third quarter ended September 30, 2022. During the quarter, sold out of Fisker Ocean One’s globally and our 2023 US allotment of Fisker Ocean Sport and Fisker Ocean Ultra trim levels.įisker confirms 42,400 Ocean unit production plan for 2023 predicated on detailed supplier and assembly ramp schedule.įisker hosting journalists and analysts the week of November 7 th ahead of Ocean SOP on November 17 th attendees will have an opportunity to test drive the Fisker Ocean.įirst drivable Fisker PEAR prototype to be completed ahead of plan, ready later this month.Įnded quarter with a solid cash balance of over $824 million driven by ATM execution, disciplined spending and weak Euro.įisker Inc.
Fisker Ocean reservations and orders totaled over 62,000 as of October 31, 2022. Magna to purchase a commercial fleet of 15 vehicles which we will deliver in December 2022.Ĭonsumer demand remains strong.
Q3 2022 operating results consistent with company expectations full-year total spending guidance at the low end of the $715 million to $790 million range.
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