2022/08/05

Fisker Q2 Results Announced

2023 Fisker Ocean One

FISKER - 
Fisker Inc. (NYSE: FSR) (“Fisker”) -- passionate creator of the world’s most sustainable electric vehicles and advanced mobility solutions -- announced its financial results for the second quarter ended June 30, 2022.  

“We are delighted to announce that the 5,000 limited edition Fisker Ocean One pre-order units are completely sold out, thanks to pioneering customers in all nine launch markets: Austria, Canada, Denmark, France, Germany, Norway, Sweden, United Kingdom, and the United States,” Henrik Fisker, Chairman and CEO of Fisker Inc. stated. “This is a historic moment, where thousands of customers committed $5,000 for a vehicle many have only seen in pictures, demonstrating our customers’ excitement for the Fisker Ocean vehicle and the value proposition of our brand and product. It’s clear Fisker’s approach to price positioning and design, plus our unwavering commitment to sustainability, is the right one for the future!” 

Henrik added, “We look forward to taking our 5,000 Fisker Ocean One stakeholders on a once-ina-lifetime journey with us as we approach the start of production on November 17, 2022. These 5,000 pre-orders for the Fisker Ocean One represent approximately $350 million of potential revenue for Fisker once all vehicles are delivered.” 1Or approximate local currency equivalent

The Manhattan Beach headquarters recently took delivery of a prototype of the Fisker Ocean, allowing employees to see the vehicle up close and for Henrik to drive on some familiar local LA roads. On August 2nd, we received a second test car. 

“I am proud of the seamless collaboration between Fisker and all of our partners and suppliers, ensuring our November 17, 2022, start-ofproduction,” Henrik continued. “After driving test cars on the high-speed track in Italy and on the roads in LA, I am excited about all the features we will offer in the Fisker Ocean and how superbly the Fisker Ocean will drive. The prototype quality still needs improvement before we hit serial production, as several parts are early released prototype parts, but it gives us the time to do even more refinement. I want the Fisker Ocean to be a top-quality product when it reaches our first paying customers, which means diligent fine-tuning until the first production SUVs run off the line on November 17. With strong demand for our vehicles, we look forward to the next phase of our exciting growth plan.” 

Here is a quick recap:

  • All 5,000 pre-orders for the launch edition Fisker Ocean One are fully subscribed. Due to increased demand, a waitlist will open on August 15th.
  • Fisker Ocean reservations totaled more than 56,000 as of August 1, 2022, including 5,000 Ocean One pre-orders.
  • Vehicle testing and validation phase progressing well; all 55 complete Fisker Ocean prototypes built.
  • Two prototype vehicles were recently delivered to Fisker’s Manhattan Beach HQ.
  • Debuted the Fisker Ocean in France and the United Kingdom in June 2022.

We will be opening up pre-orders for Fisker Ocean Extreme trim on November 18, 2022 and Ultra and Sport trims in Q1 2023. Reserve your Fisker Ocean now.

1 Or approximate local currency equivalent