Fisker Adopts NACS Charging Standard, Opening Supercharger Access; Ocean Delivers Double-Digit Profitability

FISKER INC. - Fisker Inc. (NYSE: FSR) (“Fisker”), driven by a mission to create the world’s most emotional and sustainable electric vehicles, will provide customers with access to Tesla’s Supercharger network.

The company announces that it has signed an agreement with Tesla to adopt the North American Charging Standard (NACS) on its first vehicles in 2025. The move will provide Fisker owners with additional charging options, taking advantage of Tesla’s 12,000 Supercharger stations in the United States and Canada. All current and future Fisker vehicles will be covered by the agreement.

 

Fisker customers will utilize a NACS adapter to plug in at Superchargers starting in Q1 2025. Fisker will later update vehicle engineering to include an NACS inlet. A CCS adapter will be provided so that customers can continue to charge using that standard.

Fisker Ocean Has Lowest Carbon Footprint of Any Electric SUV

FISKER INC. -  Fisker Inc. (NYSE: FSR) (“Fisker”), driven by a mission to create the world’s most emotional and sustainable electric vehicles, today released its Life Cycle Assessment (LCA) report – a cradle-to-grave analysis that details the carbon footprint of the Fisker Ocean all-electric SUV. With the lowest published carbon footprint of any electric SUV in its market segment, the “world’s most sustainable vehicle” lives up to its ambitious promise, from raw material extraction to beyond “end of use.”

“Since we founded Fisker Inc., building the most sustainable electric vehicles is not just a marketing slogan; it’s core to our culture,” Chairman and CEO Henrik Fisker said. “It means shifting antiquated thought processes from across a 100-year-old industry, challenging the supply chain down to the most minute details, working with partners to improve the way cars are assembled, the energy they are charged with, and working on the way our vehicles are recycled after they come off the road. Our LCA confirms that climate neutrality has been a priority, since well before we started building vehicles.”

 

Unique in the industry, Fisker built sustainability into its strategy well before becoming a publicly traded company. Fisker prioritizes using the lowest possible amount of virgin materials, delivering the most energy-efficient vehicles possible, evaluating how to ensure the least amount of material goes to landfill at end of use, and developing methods for full vehicle and battery reuse and recycling. The company’s emphasis on supporting a “circular economy” includes prioritizing how battery materials may be pushed back into upstream sourcing.

 

“The results are clear: The carbon saved by choosing a Fisker Ocean over an average gasoline vehicle equals the carbon sequestered from 39 acres of US forests,” added Fisker. “We challenge every partner and find like-minded suppliers that strive to do better. It’s no accident the Fisker Ocean is made in a factory powered by renewable energy. This is only the beginning. We will strive to improve every step of the way as we move toward the upcoming Fisker Alaska, PEAR, and Ronin vehicles.”

 

Fisker’s LCA is unique in the industry in that it utilizes mostly primary data rather than estimates. Tier 1 suppliers are pushed to provide accurate carbon accounting, while the company’s processes, measurement, and the impact of the earth and the atmosphere are transparent at unprecedented levels. It can be read here.

 

Fisker has commenced vehicle deliveries in both the United States and Europe, following a unique dual-market certification strategy as it launched simultaneously. The Fisker Ocean One is a launch edition model of the $68,999[1] Fisker Ocean Extreme, with a 113 kWh battery pack (106 kWh usable) and an EPA range of 360 miles[2] on standard 20” wheels and tires, which is the longest range of any new electric SUV in its class[3]. In Europe, the Fisker Ocean Extreme has a WLTP range of 707km/440 UK miles[4] on standard 20” wheels and tires, which is the longest range of any electric SUV sold in Europe today. The all-electric SUV starts at $37,499² for the Fisker Ocean Sport trim level in the US.

[1] Estimated pricing shown applies to the continental US and excludes delivery, finance, tax, title, registration, and other government fees. Maintenance is not included. Pricing is subject to change and will be based on your final vehicle configuration.  Pricing does not include government incentives you may be entitled to. 

 

[2] EPA estimated range.  Actual results may vary for many reasons, including driving conditions, wheel size, state of battery charge, and how the vehicle is driven and maintained.

 

[3] Mid-size SUVs with an MSRP under $200,000 

 

[4] This WLTP range number applies to Fisker’s European markets. WLTP measurements conducted on Fisker Ocean Extreme with standard 20” and optional 22” wheels. Actual range will vary with conditions such as external environment, vehicle configuration, wheel size and vehicle use.

 

Fisker Delivers First Ocean Vehicles to U.S. Customers in LA - Longest Range of Any New Electric SUV In Its Class

2024 Fisker Ocean One

FISKER INC. - Fisker Inc. (NYSE: FSR) (“Fisker”), driven by a mission to create the world’s most emotional and sustainable electric vehicles, will today begin making its first deliveries of the Fisker Ocean SUV to customers in the US.

 

“We have been waiting for this moment ever since we started the development of the Fisker Ocean in October 2020,” Chairman and CEO Henrik Fisker said. “As a California-based company, we are thrilled that our first US customers are finally getting behind the wheel of the Fisker Ocean and will experience its innovative features, class-leading 360-mile range, and highest levels of sustainability. We’re grateful our customers have been patient with us as we dealt with a longer-than-expected certification period earlier this year, and we’re happy their patience is now starting to be rewarded.”

 

Fisker will commence deliveries of 22 vehicles at 11:30 a.m. Pacific Time, at a company facility in the Los Angeles area where product specialists can familiarize customers with their Fisker Ocean One launch edition SUVs. This initial group of vehicles was shipped to the US from Austria on an expedited basis. Additional deliveries will continue through the summer.

 

The company has already delivered vehicles in Europe, following a unique dual-market certification strategy as it launched simultaneously in Europe and the US.

 

The Fisker Ocean One is a launch edition model of the $68,999[2] Fisker Ocean Extreme, with a 113 kWh battery pack (106 kWh usable) and an EPA range of 360 miles[3] on standard 20” wheels and tires, which is the longest range of any new electric SUV in its class[4]. In Europe, the Fisker Ocean Extreme has a WLTP range of 707km/440 UK miles[5] on standard 20” wheels and tires, which is the longest range of any electric SUV sold in Europe today. The all-electric SUV starts at $37,499² for the Fisker Ocean Sport trim level in the US.

[2] Estimated pricing shown applies to the continental US and excludes delivery, finance, tax, title, registration, and other government fees. Maintenance is not included. Pricing is subject to change and will be based on your final vehicle configuration.  Pricing does not include government incentives you may be entitled to. 

 

[3] EPA estimated range.  Actual results may vary for many reasons, including driving conditions, wheel size, state of battery charge, and how the vehicle is driven and maintained.

 

[4] Mid-size SUVs with an MSRP under $200,000 

 

[5] This WLTP range number applies to Fisker’s European markets. WLTP measurements conducted on Fisker Ocean Extreme with standard 20” and optional 22” wheels. Actual range will vary with conditions such as external environment, vehicle configuration, wheel size and vehicle use.

 

Fisker to Open China Delivery Center in 2023, Start of Deliveries Projected for Q1 2024

FISKER INC. -   Fisker Inc. (NYSE: FSR) (“Fisker”), driven by a mission to create the world’s most emotional and sustainable electric vehicles, today announced its plans to open a delivery center in China in 2023 and commence deliveries of the Fisker Ocean SUV in Q1 2024.

 

“After beginning deliveries in Europe and with first vehicles coming to our US customers on June 23, we are excited to move into the Chinese market later this year,” Chairman and CEO Henrik Fisker said. “We expect China to be an important growth market for EVs in the future and believe our vehicles will be very appealing. That is why we established an office there and intend to open a delivery center this year. I believe we can get production up and running in China as early as next year, potentially adding capacity of 75,000 Fisker Oceans annually.”

 

At Fisker’s annual shareholder meeting, held June 6, China board member Daniel Foa outlined the company’s advantages in the country.

 

“Firstly, China represents a third of global vehicles sales, which is roughly 26 million cars in 2022, of which electric vehicles represent 6-7 million, around a 25% share,” he said. “In 2023 year-to-date, that has grown to around 27%. Secondly, the premium and affordable luxury segment is growing faster than general segments. Fisker fits right in that segment with its unique history, features, and design.”

 

“China has always had a high acceptance of high-quality traditional international automotive brands.” Foa added. “There has been a rapid shift to electrification both from government policies and consumer behavior. Fisker is one of only two EV only international companies which are viable alternatives to traditional brands. This will enable us to be on the short list for consumer purchase decisions but with a more feature rich product. As a new international EV brand, this presents a vast opportunity for Fisker in China.”

 

Fisker’s leadership team recently visited China and met with officials and business leaders in Shanghai to discuss collaborations and opportunities in the region. The conversations focused on automotive supply chains, logistics, warehousing, and future production development.

 

With a 113 kWh battery pack (106 kWh usable) the $68,999 Fisker Ocean Extreme has an EPA-estimated range of 360 miles[1] on standard 20” wheels and tires; in Europe the Fisker Ocean Extreme has a WLTP range of 707km/440 UK miles[2] on standard 20” wheels and tires, which is the longest range of any electric SUV sold in Europe today. The all-electric SUV starts at $37,499 for the Fisker Ocean Sport trim level.

[1] EPA estimated range.  Actual results may vary for many reasons, including driving conditions, wheel size, state of battery charge, and how the vehicle is driven and maintained.

 

[2] This WLTP range number applies to Fisker’s European markets. WLTP measurements conducted on Fisker Ocean Extreme with standard 20” and optional 22” wheels. Actual range will vary with conditions such as external environment, vehicle configuration, wheel size and vehicle use.

Meet the Fisker Ocean in Monterey, CA

2023 Fisker Ocean One

FISKER INC. - Pebble Beach Concours is the world’s premier celebration of the automobile. The Fisker Ocean will be on display at Concours Village from 9am-6pm PT, August 18th through August 21st. Concours Village is located at 3250 Stevenson Drive, Pebble Beach, CA right in the heart of the action at Pebble Beach.

The public and media are invited to visit the show stand at Concours Village. If you're in the area, please stop by and say hello. The Fisker Ocean is on schedule to start production on November 17. Reserve yours today! 

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

The Launch Edition Fisker Ocean One is Coming

FISKER - Introducing the Fisker Ocean One. Only 5,000 exclusive Launch Edition vehicles will be made world-wide, each numbered in series from #1 – #5,000. Individual vehicle numbers will be assigned once vehicles are scheduled for production. More information regarding vehicle production scheduling will be provided later this year. Vehicle delivery timing will be based upon our regional rollout and is not dependent upon your assigned vehicle number.

This uncompromised luxury edition of our all-electric SUV debuts with rarities standard only on the Fisker Ocean One:

• A Digital Signature, authenticating the vehicle’s place amongst the first 5,000 vehicles.
• An exclusive Ocean One Badge.
• A choice of either the 22” F3 SlipStream alloy wheels or the 22” F5 AirGlider alloy wheels, in either black or silver.
• Indigo EcoSuede MaliBlu color interior.

A journey of a thousand miles begins with a single step.

We will invite our earliest Fisker reservation holders to take a history-making first step: to be the first to own the Fisker Ocean One.

We thank those visionaries, change-makers and fans who were first to join us.

We will soon be extending invitations to early reservation holders in our launch markets: Austria, Canada, Denmark, France, Germany, Norway, Sweden, The United Kingdom, and The United States. More information coming soon.

Learn more here!

Fisker Ocean Surpasses 50,000 Reservations!

2023 Fisker Ocean

FISKER - We’ve achieved a major milestone in Fisker history by surpassing 50,000 Fisker Ocean reservations! Thanks to all our reservation holders! The Fisker Ocean will start production at a carbon-neutral factory in Austria on November 17th, 2022, marking the first Fisker Ocean orders to be produced.

“The impressive number of reservations for the Fisker Ocean proves there’s huge interest in our brand and in electric vehicles,” CEO Henrik Fisker said.

The Fisker PEAR will be fully revealed in the second half of 2023 and will enter production in 2024. With development well underway, prototype testing is expected to begin at the end of 2022. The Fisker PEAR is a sporty crossover, smaller than the Fisker Ocean SUV. The Fisker PEAR will have the first-ever Fisker Houdini trunk, an alternative to traditional rear cargo hatches.

“The over 3,200 reservations already for the Fisker PEAR indicate this revolutionary mobility device, designed for city dwellers, demonstrates customers are ready for Fisker to deliver the 21st century’s most innovative vehicle. The Fisker PEAR’s cool new features and technologies – and affordable pricing below $29,900 – are designed specifically for the customer of the future.”

More Fisker news coming soon!

Fisker surpasses 50 000 reservations for Fisker Ocean SUV and reveals additionnal details about its second vehicle, the Fisker Pear

FISKER - Fisker Inc. (NYSE: FSR) ("Fisker") — passionate creator of the world's most sustainable electric vehicles and advanced mobility solutions — announced today that reservations for its all-electric Fisker Ocean SUV surpassed 50,000. The company also revealed significant additional details about its second vehicle, the Fisker PEAR (“Personal Electric Automotive Revolution”).

 

The Fisker Ocean will start production at a carbon-neutral factory in Austria on Nov. 17, 2022, with the base Sport trim priced at $37,499 before incentives*. The Extreme trim level is priced at $68,999 and delivers an estimated range of over 350 miles**.

 

The Fisker PEAR will be fully revealed in the second half of 2023 and enter production at a plant owned by Fisker partner Foxconn in 2024. With development well underway, prototype testing is expected to begin at the end of 2022.

 

“The impressive number of reservations for the Fisker Ocean proves there’s huge interest in our brand and in electric vehicles,” CEO Henrik Fisker said. “The over 3,200 reservations already for the Fisker PEAR indicate this revolutionary mobility device, designed for city dwellers, demonstrates customers are ready for Fisker to deliver the 21^st century’s most innovative vehicle. The Fisker PEAR’s cool new features and technologies – and affordable pricing below $29,900 – are designed specifically for the customer of the future.”

 

The Fisker PEAR is a sporty crossover, smaller than the Fisker Ocean SUV. The Fisker PEAR will have the first-ever Fisker Houdini trunk, an alternative to traditional rear cargo hatches. Intended for a  metropolitan lifestyle, Fisker PEAR ‘s interior will offer a new level of storage for its segment.  Design-wise, the beltline and side window area are extremely low, with a large, wraparound windscreen affording a commanding view when driving. The Fisker PEAR will be available in rear-wheel-drive (single motor) and all-wheel-drive (dual motor) configurations featuring four levels of option packages.

 

The Fisker PEAR offers two battery packs, with the larger Hyper Range pack targeted at over 310 miles and like the Fisker Ocean, will feature the Fisker SolarSky panoramic roof, adding emissions-free range to the battery.

 

Fisker promises to provide even more detail about the Fisker PEAR throughout 2022.

Fisker Ocean Extreme with Revolve

FISKER - When you’re parked and charging your Fisker Ocean, see how we’ve revolutionized “down time”. The exclusive 17.1-inch Revolve touchscreen has the power to swivel from a Control Mode – a portrait view - to Hollywood Mode – a landscape 16:9 widescreen format –  allowing you to enjoy movies and videos, complete with 360° sound, in an immersive cinematic experience. Turn charge-up time into movie time.

Revolve is standard on the Fisker Ocean Extreme and Fisker Ocean One.

Click here to watch the video

Ride with SolarSky

FISKER - On the journey to a cleaner future for all, we’re focused on giving drivers more emissions-free miles with smart design and innovative use of technology. With the SolarSky roof, we even pull power from the sky.

The SolarSky roof’s revolutionary design integrates solar panels directly onto the panoramic glass roof and sliding glass panel. These solar panels harvest the sun’s rays to generate free energy to support the vehicle’s battery-powered motor. When fully exposed to the sun, the Fisker Ocean’s SolarSky can produce up to 1,500 clean, emissions-free miles per year. Under ideal conditions, this can increase to beyond 2000 miles* – all powered by pure sunshine.

SolarSky is standard on the Fisker Ocean One and Extreme.

Click here to watch the video.

Fisker Inc. reveals world's first digital radar in a production vehicle, bringing state-of-the-art safety to Fisker Ocean all-electric SUV

FISKER - Fisker Inc. (NYSE: FSR) (“Fisker”) – passionate creator of the world's most sustainable electric vehicles and advanced mobility solutions – is showcasing its Fisker Ocean all-electric SUV at CES in Las Vegas, highlighting the vehicle’s state-of-the-art Advanced Driver Assistance System (ADAS).

Called Fisker Intelligent Pilot, the ADAS platform integrates four types of sensors: an industryleading surround-view camera suite, a camera-based driver-monitoring system, ultrasonic technology, and a Digital-Imaging Radar System that Fisker expects will be first to market when the Fisker Ocean begins production in November 2022.

“Our asset-light, rapid-product-development business model enables us to bring these state-ofthe-art active safety systems to market earlier than our competition,” Fisker CEO Henrik Fisker said.

“Fisker Intelligent Pilot and Fisker Digital-Imaging combine reliable ADAS cameras with first-tomarket 4D digital radars, giving owners industry-leading safety to go along with a $37,499 price for the Fisker Ocean Sport and over 350 miles of all-electric range for the top-of-the-line Fisker Ocean Extreme and Fisker Ocean One launch edition.”

The Fisker Ocean’s cameras are sourced from one of the market leading suppliers and provide latest-generation vision capability, with a front-facing 8-megapixel camera delivering the highest resolution currently available in a vehicle. The 360-degree camera system enables base-level object detection from proven technology used on tens of millions of vehicles globally.

Fisker’s industry-first, Digital Code Modulation-based radar system uses five units positioned around the Fisker Ocean to confirm and enhance what the cameras see. The system also provides an additional degree of perception in conditions of bad weather and excessive sun glare, and performance superior to analog radar systems. The Fisker Digital Radar, for example, can locate vehicles at 200 meters (656 feet) and pedestrians at 80 meters (262 feet).

The system can also better distinguish its surroundings in environments of high light-dark contrast, such as in tunnels and on bridges, and differentiate objects of varying sizes and speeds on highways, such as cars, trucks, and motorcycles. Additionally, Fisker Digital Radar can separate objects from backgrounds and detect low-lying roadway obstructions.

With its features working together, Fisker Intelligent Pilot’s perception stack with camera and radar sensor fusion makes better decisions at highway speeds, in city traffic, and in poor weather.

To ensure that the driver is attentive when the system is engaged, Fisker Intelligent Pilot uses an A-pillar-mounted interior camera that monitors for drowsiness and concentration.

Fisker Intelligent Pilot features standard on the $68,999 Fisker Ocean Extreme and Fisker Ocean One include: 

• 360-degree Surround View with 3D 

• Door Opening Warning 

• Park My Car - automatic parking spot finder 

• Park Assist with Wheel Guard - parallel parking aid 

• Adaptive Drive Control 

• Automatic Emergency Braking – Premium 

• Reverse Collision Mitigation 

• Evasive Steering Assist 

• Integrated Drive Assist 

• Traffic Jam Assist (with Integrated Drive Assist) 

• Driver Drowsiness and Attention Warning 

• Traffic Sign/Light Recognition

• Front and Side Collision Warning 

• Lane Change Assist   

• Lane Keep Assist 

• Intelligent Speed Assist 

• Emergency Lane Departure Avoidance 

• Blind Spot Monitoring 

[Sport and Ultra trim levels each come equipped with the full ADAS hardware system and a subset of the software-enabled features above. Fisker expects to offer additional features as over-theair delivered options, provided at the point of sale or post-purchase.] 

Ford Bronco Sport Becomes First Vehicle to Feature Parts Made of 100% Recycled Ocean Plastic

FORD CANADA - Consumer products made from recycled ocean plastics include everything from sunglasses and T-shirts to running shoes and yarn. Now, Ford is adding to its legacy as a leader in sustainability and is the first automaker to use 100% recycled ocean plastics to produce automotive parts.

Wiring harness clips in Ford Bronco^™ Sport models are made of ocean-harvested plastic – commonly referred to as “ghost gear.” The strength and durability of the nylon material equals that of previously used petroleum-based parts but with a 10% cost savings and requiring less energy to produce. The small parts represent a large first step in the company’s plans to produce other parts of recycled ocean plastics on other models.

“This is another example of Ford leading the charge on sustainability,” said Jim Buczkowski, vice president of research and Henry Ford technical fellow. “It is a strong example of circular economy, and while these clips are small, they are an important first step in our explorations to use recycled ocean plastics for additional parts in the future.”

Up to 13 million metric tons of plastic enter the ocean each year, threatening marine life and polluting shorelines, according to Pew Charitable Trusts, a global nongovernmental organization. Much of that is attributed to the fishing industry, which has come to rely on plastic fishing nets and other equipment because of the durability, light weight, buoyancy and low cost of the material. Those same qualities contribute to creating ghost nets, a fatal and growing threat to marine life. Ghost gear comprises nearly 10% of all sea-based plastic waste, entangling fish, sharks, dolphins, seals, sea turtles and birds.

Invisible to vehicle occupants, the Bronco Sport’s wiring harness clips, which weigh about five grams, fasten to the sides of the Bronco Sport second-row seats and guide wires that power side-curtain airbags. Despite spending time in saltwater and sunlight, the material is as strong and durable as petroleum-based clips, Ford testing shows.

Spurring jobs creation throughout the development process, the plastic material is collected from the Indian Ocean and Arabian Sea by DSM Engineering Materials. Items produced using plastics collected from the oceans include a wide range of consumer goods, but not until now have automotive parts been on that list.

The process begins with DSM harvesting discarded nylon fishing nets. The plastic is washed of saltwater, dried, and extruded to form small pellets, which are then injection-molded by supplier HellermannTyton into the desired clip shape. Ford is already planning additional parts using recycled ocean plastics, including transmission brackets, wire shields and floor side rails – all stationary parts with strength and durability demands that the material can meet or exceed.

“As a global leader in cable management innovation, HellermannTyton strives for eco-friendly ways to pave the path to a more sustainable future,” said Anisia Peterman, HellermannTyton’s automotive product manager. “Developments like this do not come easy, so we are proud to collaborate with Ford in support of a unique product solution that contributes to healthier oceans.”

The Ford legacy of using recycled plastic

For more than two decades, Ford has used recycled plastics not collected from oceans to produce various parts for automobiles. Most recently, the automaker used recycled water bottles to produce lightweight, aerodynamic-enhancing, noise-reducing underbody shields on the 2020 Ford Escape.

The introduction of parts made of recycled ocean plastic opens new opportunities and builds on a global effort to help reduce ocean debris that hampers sea life or, when harvested, further clutters landfills.

Fisker Sees Continued Strength in Fleet Business as Companies & Fleets look to Zero Emission Solutions

FISKER INC. - Fisker Inc. (NYSE: FSR) (Fisker) – designer and manufacturer of the world’s most emotion-stirring, eco-friendly electric vehicles and advanced mobility solutions – passed 14,000 reservations for its Fisker Ocean SUV, boosted by interest and orders from the fleet market globally. In Q4 last year, the company signed its first significant fleet order – for 300 vehicles - with Viggo, the technology-driven Danish ride-hailing service. Through the work of the Climate Group, over 100 of the world’s leading companies are making commitments to transition their fleets to EV by 2030, alone representing five million vehicles.  

"We are encouraged by the interest being shown by the corporate sector towards enabling greater access to zero emission mobility,” said Fisker Chairman and Chief Executive Officer, Henrik Fisker. “As more and more consumers and businesses are making the transition to electric vehicles, we are ready to partner with forward-thinking companies as they catalyze the shift to electric vehicles.”

Fisker is projected to start production on its first vehicle, the Ocean electric SUV, in Q4 2022. The Fisker Ocean will initially be manufactured in Europe and sold across multiple markets in Europe and North America. The company also recently announced it has signed an MOU with Foxconn to develop a breakthrough electric vehicle, codenamed ‘Project PEAR’. Progress on defining the terms of the partnership and product program is on track to complete in Q2 this year.  

“We are moving rapidly to enlarge the dedicated team working with Foxconn on Project PEAR,” added Mr. Fisker. "The prospect of a breakthrough electric vehicle at a sub-$30,000 price point is generating a lot of excitement and anticipation.”