Based on reports from Reuters, the Wall Street Journal and other reports, the U.S. electric vehicle manufacturer Fisker recently announced that it will reduce the scale of production this month because the company’s vehicle output this year will be lower than previously expected in order to prioritize Cash is used to meet working capital requirements.
In fact, this is not the first time Fisker has lowered its production targets. Last month, the company lowered its production target for this year to 13,000-17,000 vehicles, from an earlier target of producing more than 20,000 vehicles by the end of this year. This time, Fisker lowered its production target to “just over 10,000 units.”
According to the third quarter financial report released by Fisker, the company suffered a loss of US$91 million in the third quarter ( Note: currently about 650 million RMB) and revenue of US$71.8 million (currently about 513 million RMB), both lower than expected. . The company claims it plans to accelerate sales and deliveries despite the tough market conditions for electric vehicles.
It was previously reported that Fisker announced in October that it would open its first sales experience store in Shanghai, which is expected to open in December 2023 or January 2024 and will be located on Taicang Road, Huangpu District.
Henrik Fisker, chairman and CEO of Fisker, said, “China is an extremely important market for us.” Earlier, Fisker established an office in China in 2022 and released a More details on plans for China, including opening a delivery center in 2023.