Shares of sustainable electric automaker, Fisker Inc (NYSE:FSR) are trading up 3.61% after the EV company released a press release Monday detailing the next phase of EV production as it accelerates its global launch of the electric Fisker Ocean SUV.
Today, Fisker is beginning to gradually ramp up production, and will continue throughout May and has set a goal to manufacture 1,400 to 1,700 vehicles by the end of June. Notably, certain customers in Europe can expect their deliveries to commence in June. Additionally, among the Fisker Ocean Ones scheduled for production in May, the initial units intended for customer deliveries and marketing purposes in the United States are projected to begin arriving in June.
"Consistent with our brand’s commitment, we are going to give extra attention to detail on each vehicle ensuring a great customer experience, since these are built for our first volume deliveries and marketing purposes such as test drives," says CEO Henrik Fisker. "I am excited about our next customers’ deliveries coming up, and we will inform our first customers shortly on timing as we are finalizing the schedule now."
The Fisker Ocean Extreme and One trims have successfully achieved a verified combined WLTP range of up to 707 km, establishing the longest range among all battery electric SUVs currently available in Europe. Anticipated in the coming weeks is the EPA range and regulatory approval, as well as the CARB Executive Order, for both the Fisker Ocean Extreme and One trims.
Shares of FSR are up 3.61% in mid-day trading on Monday.