Fisker stated in its previous 2023 financial report that demand for the Ocean model was sluggish. At the same time, the financial report also mentioned “unexpected resistance” and “many unexpected challenges.” The company said that 2024 will be “another difficult year” as they expect to deliver around 20,000 Ocean models globally.

But that’s just a drop in the bucket, and Fisker expressed doubts about their ability to continue as a going concern. This is because their “business plan is highly dependent on a successful transition to a new reseller partner model” and their “current resources are insufficient to meet requirements over the next 12 months.”

According to the report, the company confirmed that it is in talks with “a major automaker about a potential transaction that may include investing in Fisker and jointly developing one or more electric vehicle platforms.”

It is rumored that the car manufacturer may be Nissan, but it is not known whether the negotiations will be successful. Foreign media said Fisker has hired consultants to explore the possibility of filing for bankruptcy.

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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.

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The exterior design of Fisker Pear is very avant-garde. Its biggest highlight is the “transparent A-pillar” design. Through the combination of camera and display screen, the blind spot of the A-pillar can be eliminated and driving safety improved. In addition, the production version also canceled the streaming rearview mirror of the concept car and replaced it with traditional exterior rearview mirrors.

The tail design of Fisker Pear is also very distinctive. The tailgate does not use the common upward flip-up or side-opening type. Instead, the rear windshield and tailgate are opened in sequence by sliding down to the lower part of the trunk floor. This can save space. Convenient for loading and unloading items.

In terms of interior design, Fisker Pear is equipped with a 17.1-inch rotating touch screen above the center console. The instrument panel has been canceled and replaced by a display area integrated with the center console trim that can display simplified driving information. Fisker Pear also provides a rest mode, in which all seat backs can be folded down to allow passengers to enjoy a more comfortable resting space.

Fisker Pear has two powertrain options, single-motor rear-wheel drive and dual-motor four-wheel drive. Fisker did not disclose specific power parameters, but said that the Pear series can accelerate from 0 to 100 km/h in 6.8 seconds and has a WLTP cruising range of between 320 km and 560 km.

Fisker is a new energy vehicle brand from California, USA. It currently has four models, including the electric mid-size SUV Ocean, the hand-built limited edition sports car Ronin, and the electric pickup truck Alaska and PEAR. Deliveries of the Fisker Ocean will begin in the United States in June this year, with prices starting at $38,999. It was previously reported that Fisker plans to introduce Ocean to the Chinese market and has not ruled out the possibility of establishing a factory in China.

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It is learned from the official that Fisker adopted a rather conservative strategy in 2023. It initially expected the annual production of Ocean to be about 32,000-36,000 vehicles, which was later reduced to 20,000-23,000, based on a daily delivery rate of 300 vehicles. , the monthly output needs to reach 9,000 vehicles.

Fisker did not reveal a detailed timeline for its delivery plans, and as of September 26, the company had reached a production milestone of 5,000 vehicles. Fisker also said that 900 vehicles have been delivered so far in the United States and Europe, with hundreds more on the way.

It is worth mentioning that Fisker plans to raise $150 million from existing institutional investors through the issuance of convertible bonds to help speed up the delivery of new vehicles.

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Fisker announced earlier this month that it plans to reach 300 Ocean deliveries per day later this year.

Before the official announcement of this financing plan, Fisker revealed that the company had produced 5,000 electric vehicles since production began in November 2022.

Currently, the Fisker brand only has one model, the Ocean. The car will make its debut at the 2021 Los Angeles Auto Show, with a US market price range of US$37,499~$68,999 (currently approximately RMB 274,000~504,000). Its Extreme model has an EPA-rated range of up to 360 miles (579 kilometers) on a single charge. According to Reuters, CATL will supply two different power batteries for the Ocean model from 2023 to 2025.

This year, Fisker has unveiled many new vehicles, including pickup trucks, supercars and other models, which are expected to be put into production in 2024-2025.

Fisker, founder, chairman and CEO of Fisker, led his senior management team to China in June this year and visited Shanghai Lingang Group. Daniel Foa, a Chinese board member of the Fisker brand, told China Business News that the brand’s first delivery center is expected to open in Shanghai.

Daniel said that the first delivery centre will be opened within the year and the first mass-produced model, the pure electric SUV Fisker Ocean, will be delivered in the first quarter of 2024. However, when asked what sales channel model it would adopt at that time, Daniel responded as follows: “Fisker uses a direct sales model in Europe and the United States, but it is temporarily unavailable to comment on the sales model in the Chinese market.”

According to reports, Fisker chose to enter the Chinese market based on three aspects: first, the Chinese electric vehicle market has a huge space; second, the Chinese automobile market has a trend of high-end and affordable luxury models growing faster than ordinary models; third, Chinese users have a strong interest in traditional electric vehicles. International automobile brands have high acceptance, and government policies and consumer behaviour are rapidly shifting towards electrification.

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Like other automakers adopting the NACS standard, Fisker said it will also provide NACS adapters for its existing CCS models, so that existing models can also use the adapters to use Tesla Superchargers in North America.

In addition, Fisker also said that they will also retain the CCS interface so that users can continue to use the CCS charging network. Fisker has said it will deliver its second model, the Pear, in 2025, which means the production model of Pear will be equipped with the NACS interface.

It is found that Ford, General Motors, Volvo, Mercedes and other companies have announced to join the Tesla NACS network, and it is expected that more car companies will join in the future.

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▲ Picture source Fisker

According to Fisker’s official statement, its product lineup will be expanded to 4 cars by the end of 2025, and all 4 cars have gradually surfaced so far. At the same time, Fisker CEO Henrik Fisker also hopes to expand the scale of his company to an annual production capacity of 1 million vehicles.

Among them, PEAR is positioned as a compact urban SUV, and the starting price is expected to be less than 30,000 US dollars. It will be built on a new lightweight and low-cost platform, with 15% fewer components. According to the plan, the company plans to produce the model at Foxconn’s Lordstown assembly plant in Ohio, which is expected to start production in mid-2025.

▲ Picture source caranddriver, the same below

Ronin is a pure electric super GT four-door convertible sports car. Officials say that this new car has super fast speed and space for 5 passengers. It is expected to have a cruising range of up to 600 miles (about 965.61 kilometers). In terms of power, the car adopts a three-motor drive form, the maximum output power will exceed 1,000 horsepower, and the 0-96km/h acceleration time only takes 2 seconds.

The car is positioned as the flagship model in the Fisker product line and is expected to be launched in the United States by the end of 2025.

ALASKA is an electric pickup that looks futuristic and tough. The car is based on the Fisker Ocean and has a cargo bed at the rear of the cabin. The starting price of the car is expected to be 45,400 US dollars and the CEO also said that it is expected to go on sale in December 2024 at the earliest. In terms of power, the car offers two cruising options: the standard cruising range is 230 miles (approximately 370.15 kilometers), and the long-term cruising range can reach 340 miles (approximately 547.18 kilometers).

According to previous reports, Henrik Fisker, the founder, chairman and CEO of Fisker, the “new car-making force” in the United States, led a senior management team to China in June this year and visited Shanghai Lingang. group. Daniel Foa, a member of the Chinese board of directors of the Fisker brand, told Yicai Global that the brand’s first delivery center is expected to open in Shanghai.

Fisker chose to enter the Chinese market based on three aspects: first, the Chinese electric vehicle market has a huge space; There is high acceptance, and both government policy and consumer behavior are rapidly shifting to electrification.

Currently, there is only one model under the Fisker brand, the Ocean. The car will debut at the Los Angeles Auto Show in 2021, and the US market price range is 37,499 to 68,999 US dollars.

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According to reports, Fisker Ronin is a pure electric super GT four-door convertible sports car, and it is also a luxury touring car, which will be revealed on August 3!

The official said that the new car has super fast speed and space for 5 passengers, and is expected to have a cruising range of up to 600 miles.

We don’t know much about the model right now, it’s expected to cost about $200,000 and it will be available around 2025, or even later, as the Fisker Pear was initially slated for 2024 and later delayed by 2025, while the Fisker Ocean started production last fall but didn’t start deliveries until May of this year.

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▲ Picture source Fisker’s official website

Henrik Fisker, founder and CEO of the Fisker brand, said: “We are very excited to enter the Chinese market later this year. We expect that China will become an important growth market for electric vehicles in the future and believe that our vehicles will be very attractive. That’s why we have an office there and intend to open a delivery center this year. I believe we can start deliveries as early as next year and have the potential to achieve 75,000 annual sales in China.”

Fisker recently announced that deliveries of its first production vehicle, the Ocean, will begin in the U.S. next week, and its Extreme model has an EPA-rated range of up to 360 miles on a single charge.

Fisker’s leadership team recently visited China and met with city and business leaders in Shanghai to discuss potential partnership opportunities in the region, with a focus on automotive supply chain, logistics, warehousing and new product development.

The starting price of Fisker Ocean is US$37,499 (currently about RMB 267,000), with an estimated cruising range of 250 miles (about 402 kilometers), while the 360-mile Extreme model starts at US$68,999 ( The current price is about 492,000 yuan), equipped with a dual-motor four-wheel drive device.

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▲ Source: Fisker

Reuters pointed out that Pear’s special steel chassis can reduce the number of components by a quarter, but this requires the use of high-strength steel and a special process of single stamping. This process resulted in a greater workload than Fisker expected.

Fisker CEO Henrik Fisker said that Fisker does not intend to follow Tesla’s practice of using large cast aluminum parts to reduce costs, because after a traffic accident, insurance companies will require scrapping vehicles to avoid high labor costs for aluminum body repairs. Fisker believes that using a single stamping of steel to build a car can help reduce the cost of later maintenance and use of the vehicle.

It was previously reported that Fisker delivered the first Fisker Ocean to a Danish user earlier this month. Fisker said that its production target for this year has also been lowered from 42,400 to 32,000 to 36,000, and it is expected to produce no more than 1,700 Fisker Oceans in the second quarter.

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