Fisker Karma

Fisker Targets Delivery of Climate Neutral Vehicle By 2027

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Monday, June 7, 2021
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Fisker Inc. (NYSE: FSR) (Fisker) passionate creator of the world's most sustainable electric vehicles and advanced mobility solutions today stated its aim to produce a climate neutral vehicle by 2027.

Key Points: 
  • Fisker Inc. (NYSE: FSR) (Fisker) passionate creator of the world's most sustainable electric vehicles and advanced mobility solutions today stated its aim to produce a climate neutral vehicle by 2027.
  • The company seeks to utilize only climate neutral materials in products and use only climate neutral services to support the business.
  • View the full release here: https://www.businesswire.com/news/home/20210607005290/en/
    Fisker Inc. (NYSE: FSR) (Fisker) passionate creator of the world's most sustainable electric vehicles and advanced mobility solutions today stated its aim to produce a climate neutral vehicle by 2027.
  • The company seeks to utilize only climate neutral materials in products and use only climate neutral services to support the business.

Fisker to Partner With Mekonomen Group for Delivery, Servicing and Fleet Management Across Denmark, Norway and Sweden

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Wednesday, May 26, 2021
Aftermarket, Automotive, Automotive Manufacturing, Manufacturing, Alternative Vehicles, Fuels, Fleet management, Henrik Fisker, Car classifications, Cars, Transport, Luxury vehicles, Aston Martin, Full-size vehicles, Sports sedans, Fisker Karma, Fisker, Benetti Fisker 50, Via Transportation

Consistent with Fiskers asset-lite and digital-forward business model, the Mekonomen Group will provide outsourced solutions covering areas including vehicle delivery, service / maintenance, fleet management, mobile fleet servicing and refurbishment.

Key Points: 
  • Consistent with Fiskers asset-lite and digital-forward business model, the Mekonomen Group will provide outsourced solutions covering areas including vehicle delivery, service / maintenance, fleet management, mobile fleet servicing and refurbishment.
  • From November 17, 2022 we will start production and deliveries of the Fisker Ocean SUV, with Denmark, Norway and Sweden among the first European markets to launch, commented Fisker Chairman and Chief Executive Officer, Henrik Fisker.
  • Partnering with the recognized leader in service and logistics across Scandinavia will be an important part of delivering excellence to our customers.
  • As a facilitator of mobility, our business is not limited by the type of vehicles that drive on the roads.

Fisker Selects ServiceNow Solutions to Accelerate Electric Vehicle Product Development

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Tuesday, May 25, 2021
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Fisker Inc. (NYSE: FSR) (Fisker) passionate creator of the worlds most sustainable electric vehicles and advanced mobility solutions today announced it has signed a product and service agreement with ServiceNow, the leading digital workflow company making work, work better for people.

Key Points: 
  • Fisker Inc. (NYSE: FSR) (Fisker) passionate creator of the worlds most sustainable electric vehicles and advanced mobility solutions today announced it has signed a product and service agreement with ServiceNow, the leading digital workflow company making work, work better for people.
  • Together, these solutions will help Fisker create a beautiful employee experience now and great customer experiences in the future.
  • Fisker is projected to start production and deliveries on its first vehicle, the Ocean electric SUV, from November 17, 2022.
  • California-based Fisker Inc. is revolutionizing the automotive industry by developing the most emotionally desirable and eco-friendly electric vehicles on Earth.

Fisker and Onto Sign Agreement for Delivery of up to 700 Vehicles in 2023 to Support Growth of Next Generation EV Mobility

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Tuesday, May 18, 2021
Automotive, General Automotive, Technology, Environment, Alternative Vehicles, Fuels, Hardware, Henrik Fisker, Car classifications, Cars, Luxury vehicles, Electric vehicles, Full-size vehicles, Sports sedans, Aston Martin, Fisker Karma, Benetti Fisker 50, Fisker Inc., Fisker Automotive

The agreement, the first multi-vehicle reservation for Fisker in the UK market, supports the delivery of up to 700 vehicles in 2023.

Key Points: 
  • The agreement, the first multi-vehicle reservation for Fisker in the UK market, supports the delivery of up to 700 vehicles in 2023.
  • The agreement, the first multi-vehicle reservation for Fisker in the UK market, supports the delivery of up to 700 vehicles in 2023.
  • Onto will not only be Fisker's first customer in the UK, but also the exclusive rental/subscription partner for 2023.
  • (Photo: Business Wire)\nOnto, founded in 2017, is an innovative technology-driven enterprise that provides easy access to electric vehicles through their all-inclusive subscription service.

Fisker and Foxconn Sign Framework Agreements for Project PEAR; Confirming Manufacturing to Start in U.S. From Q4 2023

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Thursday, May 13, 2021
Automotive Manufacturing, Commercial Building & Real Estate, Automotive, Manufacturing, Construction & Property, Other Energy, Other Automotive, Utilities, Alternative energy, Environment, Energy, Henrik Fisker, Car classifications, Cars, Luxury vehicles, Industrial designers, Full-size vehicles, Sports sedans, Aston Martin, Foxconn, Fisker Karma, Fisker, Benetti Fisker 50

Manufacturing to commence first in the United States with several locations under consideration by Fisker and Foxconn.

Key Points: 
  • Manufacturing to commence first in the United States with several locations under consideration by Fisker and Foxconn.
  • Other global manufacturing sites under study for future production, supporting projected annual volumes of more than 250,000 units across multiple sites.
  • (Photo: Business Wire)\nUnder the agreements, Fisker and Foxconn will jointly invest into Project PEAR, with each company taking proceeds from the successful delivery of the program.
  • Following an extensive review of potential U.S. manufacturing sites, the two companies will expedite a manufacturing plan capable of supporting the projected Q4 2023 start of production.

Fisker Confirms Change to Warrant Accounting Treatment Following SEC Statement

Retrieved on: 
Friday, May 7, 2021
Other Manufacturing, Alternative Vehicles, Fuels, Automotive, General Automotive, Other Energy, Engineering, Automotive Manufacturing, Alternative energy, Manufacturing, Energy, Henrik Fisker, Car classifications, Cars, Electric vehicles, Luxury vehicles, Full-size vehicles, Sports sedans, Aston Martin, Fisker Inc., Fisker Karma, Fisker, Benetti Fisker 50

In consideration of the Staff Statement, Fisker intends to account for the warrants as liabilities.

Key Points: 
  • In consideration of the Staff Statement, Fisker intends to account for the warrants as liabilities.
  • The Company preliminarily estimates that the change in accounting method will cause non-cash non-operating expenses in the Statement of Operations for the three and twelve months ended December 31, 2020 to increase by approximately $75 to $85 million.
  • These estimates are unaudited, preliminary, and subject to change as management completes the restatement.\nCalifornia-based Fisker Inc. is revolutionizing the automotive industry by developing the most emotionally desirable and eco-friendly electric vehicles on Earth.
  • Download the revolutionary new Fisker mobile app from the App Store or Google Play store.\nView source version on businesswire.com: https://www.businesswire.com/news/home/20210507005580/en/\n'

Strategy Analytics: German Car Manufacturing Industry Facing Existential Threat

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Tuesday, March 23, 2021
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The latest Strategy Analytics report Foxconn, Magna and REE Banking on Electrification to Spur Demand for Automotive Contract Manufacturing , from the Powertrain, Body, Safety & Chassis Service ( PBCS ) service, explores both the advantages well as the pitfalls of this trend towards contract manufacturing.

Key Points: 
  • The latest Strategy Analytics report Foxconn, Magna and REE Banking on Electrification to Spur Demand for Automotive Contract Manufacturing , from the Powertrain, Body, Safety & Chassis Service ( PBCS ) service, explores both the advantages well as the pitfalls of this trend towards contract manufacturing.
  • Foxconn is well known for the contract manufacture of the Apple iPhone, which is supported by a vertically integrated supply chain.
  • Magna Internationals contract manufacturing subsidiary, Magna Steyr, has assembled the Sony Vision-S concept car and has also been selected to produce the Fisker Ocean electric vehicles.
  • The German car industry for example is investing heavily in electrification and it is doubtful that contract manufacturing can duplicate their scale and expertise to meet the projected demand for xEVs in the next five to ten years., notes Hakan Gustafsson, Director at Strategy Analytics GmbH.

Fisker and Foxconn Set to Collaborate on Electric Vehicle Project

Retrieved on: 
Wednesday, February 24, 2021
Automotive, General Automotive, Automotive Manufacturing, Other Automotive, Manufacturing, Alternative Vehicles, Fuels, Car classifications, Cars, Electric vehicles, Fisker Inc., Henrik Fisker, Foxconn, Fisker Karma, Foxcon, Fisker Automotive

Fisker Inc. (NYSE: FSR) (Fisker) designer and manufacturer of the worlds most emotion-stirring, eco-friendly electric vehicles, and advanced mobility solutions today announced it has entered into a MOU with Hon Hai Technology Group (TWSE:2317) (Foxconn) supporting a project to develop a breakthrough electric vehicle.

Key Points: 
  • Fisker Inc. (NYSE: FSR) (Fisker) designer and manufacturer of the worlds most emotion-stirring, eco-friendly electric vehicles, and advanced mobility solutions today announced it has entered into a MOU with Hon Hai Technology Group (TWSE:2317) (Foxconn) supporting a project to develop a breakthrough electric vehicle.
  • (Graphic: Business Wire)
    - Fisker and Foxconn to jointly develop a breakthrough new segment vehicle.
  • The Fisker and Foxconn partnership brings together two global leaders in innovation that will join forces to unlock the potential of the electric vehicle industry, said Foxconn Technology Group Chairman, Young-way Liu.
  • The key success elements of electric vehicle development include the electric motor, electric control module and battery.

The Companies To Watch As Green Tech Booms in 2021

Retrieved on: 
Friday, February 12, 2021
Henrik Fisker, Car classifications, Luxury vehicles, Cars, Industrial designers, Aston Martin, Benetti Fisker 50, Fisker Karma

Fisker isn't going to start producing its famed Ocean SUV until 2023, with significant revenues coming in from advance orders not expected until late 2021.

Key Points: 
  • Fisker isn't going to start producing its famed Ocean SUV until 2023, with significant revenues coming in from advance orders not expected until late 2021.
  • We like the flagship carbon-offset ride-sharing and food delivery side their business, but we're extremely excited about their recent acquisition of Steer.
  • Because this isn't just the start of the golden age of EVs it's the start of a completely different lifestyle.
  • And with everyone switching to EVs the next stock to watch is Electra Meccanica Vehicles Corp (NASDAQ:SOLO).

The Companies To Watch As Green Tech Booms in 2021

Retrieved on: 
Friday, February 12, 2021
Henrik Fisker, Car classifications, Luxury vehicles, Cars, Industrial designers, Aston Martin, Benetti Fisker 50, Fisker Karma

Fisker isn't going to start producing its famed Ocean SUV until 2023, with significant revenues coming in from advance orders not expected until late 2021.

Key Points: 
  • Fisker isn't going to start producing its famed Ocean SUV until 2023, with significant revenues coming in from advance orders not expected until late 2021.
  • We like the flagship carbon-offset ride-sharing and food delivery side their business, but we're extremely excited about their recent acquisition of Steer.
  • Because this isn't just the start of the golden age of EVs it's the start of a completely different lifestyle.
  • And with everyone switching to EVs the next stock to watch is Electra Meccanica Vehicles Corp (NASDAQ:SOLO).