The carmaker has six months to get its share price to over $1 and may implement a reverse stock split
The software limiter could have long lasting effects for Ocean owners down the line
Certain Fisker Ocean owners complain that their vehicles aren’t going into gear, and are rolling away, in just the latest issue to plague the new EV
Finalists include the BYD Seal, Ford Bronco, Kia EV9, Hyundai Santa Fe, and Volvo EX30
The EV startup has also managed to reduce its debt by $185.5 million and is planning a series of new models
Fisker says customers were asking for an even more luxurious model, so it came up with the Ocean Extreme Monterey Edition
Customers complain that they lose regenerative braking when driving over bumpy roads, and that’s just the start of the braking system issues
Fisker says it has big plans for the coming year as it transitions into a revenue-generating automaker
The first Ocean Sport was delivered in the UK but, when it arrives in America, it will cost $38,999
The carmaker expects to end 2023 having built 10,000 examples of the Ocean SUV
According to the WLTP test cycle, the entry-level Fisker Ocean gets five more miles of range than the entry-level Tesla Model Y, and costs, nine grand less in the UK
The car manufacturer aggressively ramped up deliveries in October and will continue to do so in 2024
Entry-level 2024 Ocean Sport costs $38,999, up $1,500, but the EV market cooling faster than the fall weather
The Fisker Ocean One has a 113 kWh battery pack and two electric motors that produce 564 hp and 543 lb-ft
Fisker had initially planned to build upwards of 36,000 vehicles this year but will fall short of that target
Available on the Ocean One and Ocean Extreme, the Force E package adds a revised suspension, underbody protection, and 20-inch wheels wrapped in 33-inch tires
The Fisker Ocean One Launch Edition is powered by two electric motors delivering an impressive 550 hp
EV startups are haemorrhaging cash, which has been compounded by Tesla’s multiple price cuts throughout 2023