EV startup Fisker explores higher production in 2023, U.S. manufacturing [Reuters]
Fisker Inc. Class A (FSR)
Company Research
Source: Reuters
considering ramping up production of its first vehicle, the Ocean SUV, in the second half of 2023. U.S. manufacturing would make certain vehicle models eligible for a tax credit under the Inflation Reduction Act, a $430 billion bill focused on lowering healthcare costs, promoting clean energy and increasing corporate taxes. The California-based company also said it has sold out the Sport and Ultra variants of the Ocean vehicle that it planned to produce in 2023 for the U.S. market. Demand for electric vehicles has surged as countries worldwide chase cleaner transport options and seek to achieve net-zero carbon emissions targets to tackle climate change. Production of the Ocean sports utility vehicle (SUV) is slated to begin this November at contract manufacturer Magna International's Austrian unit. “Yes, we are flexible and capable of supporting our customer's needs and/or schedule requirements,” Magna said on Friday, when asked for comment on Fisker mulling the 2023 product
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FSR
News
- PRESS DIGEST- Wall Street Journal - March 26 [Yahoo! Finance]Yahoo! Finance
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- Fisker trading suspended by NYSE [TechCrunch]TechCrunch
- Fisker stock: NYSE suspends trading, starts delisting process [Yahoo! Finance]Yahoo! Finance
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FSR
Earnings
- 2/29/24 - Miss
FSR
Sec Filings
- 3/25/24 - Form 8-K
- 3/25/24 - Form 8-K
- 3/25/24 - Form PRE
- FSR's page on the SEC website