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Search resuls for: "Henrik Fisker"


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☆ Fisker Shares Jump 27% as Ocean EV Deliveries Set for Spring Launch
  + stars: | 2023-02-27 | by ( Dia Gill | ) www.wsj.com   time to read: 1 min
Fisker’s Ocean SUV on display at the Paris Car Show last year. Shares for Fisker Inc. climbed 27% to $7.23 in Monday trading after the electric-vehicle startup confirmed that deliveries for its first vehicle, the Ocean SUV, would commence in the spring. Chief Executive Henrik Fisker said on a Monday call with investors that the EV’s homologation approval process would be completed in March, with deliveries set to begin shortly after, pending additional regulatory approvals.
☆ Fisker Shares Jump 30% as Ocean EV Deliveries Are Set for Spring Launch
  + stars: | 2023-02-27 | by ( Dia Gill | ) www.wsj.com   time to read: 1 min
Fisker’s Ocean SUV on display at the Paris Car Show last year. Shares of Fisker Inc. surged 30% to $7.40 on Monday after the electric-vehicle startup confirmed that deliveries for its first vehicle, the Ocean SUV, would commence in the spring. Chief Executive Henrik Fisker said on a Monday call with investors that an approval process for the EV would be completed in March, with deliveries set to begin shortly after, pending additional regulatory approvals.
☆ Fisker confirms Ocean EV deliveries will begin this spring, on track to build over 40,000 in 2023
  + stars: | 2023-02-27 | by ( John Rosevear | ) www.cnbc.com   time to read: +3 min
Henrik Fisker stands with the Fisker Ocean electric vehicle after it was unveiled at the Manhattan Beach Pier ahead of the Los Angeles Auto Show and AutoMobilityLA on November 16, 2021 in Manhattan Beach, California. Electric vehicle startup Fisker said Monday that it spent less money in 2022 than expected, and that it remains on track to begin deliveries of its Ocean SUV this spring and to build more than 40,000 vehicles in 2023. "These results reinforce our expectation that, at the time of launch, the Fisker Ocean will have the longest range of any SUV/Crossover priced below $70,000," he said. Fisker expects to complete the testing needed for regulatory approval of the Ocean next month, and to ramp up production – and begin deliveries -- in the second quarter. Fisker spent a total of $702 million in 2022, a bit below its guidance range of $715 million to $790 million.
☆ Fisker shares rocket up 30% as the EV maker sees potential for profit and strikes a 'game changer' deal for charging stations
  + stars: | 2023-02-27 | by ( Carla Mozée | ) www.businessinsider.com   time to read: +2 min
Reservations for its Ocean SUV rose in the fourth quarter. Fisker also said it had about 65,000 reservations for its Ocean SUV, up from 62,000 at the end of October. We're going to have a profit this year, which is very unusual for a startup EV company," CEO Henrik Fisker said on Fox Business on Monday. Referring to rival Tesla, Fisker told Fox Business the company run by Elon Musk has 7,000 chargers in the US. It's going to be super-easy for you to charge your Fisker Ocean," Fisker said.
☆ Fisker CEO: We can actually make money from this year
  + stars: | 2023-02-27 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFisker CEO: We can actually make money from this yearFisker CEO Henrik Fisker joins 'Squawk on the Street' to discuss the company's latest quarter, their commitment to begin deliveries of its Ocean SUV this spring, and more.
☆ Volvo Cars will not cut EV prices to follow Tesla's lead - CEO
  + stars: | 2023-02-09 | by ( Marie Mannes | Thomson Reuters | Gdansk-Based Reporter Covering The Nordic Stock Markets | ) www.reuters.com   time to read: +2 min
"We don't see (price cuts) at this point in time," Rowan told Reuters. "Demand for our (battery electric vehicles) is the highest that we've ever seen, the backlog for that as well." Those price cuts are expected to hit EV startups like U.S. firm Rivian RIVN.O more than established brands. Henrik Fisker, CEO of U.S. EV maker Fisker (FSR.N), told Reuters he also has no plans to lower prices, arguing that the EV startup's cars were already competitively priced. Despite the price cuts, some suppliers say they have seen no EV production surge so far.
☆ EV maker Fisker faces liquidity questions after short-seller claims its cash is "tied up"
  + stars: | 2022-12-01 | by ( John Rosevear | ) www.cnbc.com   time to read: +4 min
Henrik Fisker stands with the Fisker Ocean electric vehicle after it was unveiled at the Manhattan Beach Pier ahead of the Los Angeles Auto Show and AutoMobilityLA on November 16, 2021 in Manhattan Beach, California. Electric vehicle startup Fisker is facing new liquidity questions after a short seller report Thursday claimed the company's funds are "tied up." According to the report, much of Fisker's cash balance is tied up via bank guarantees on behalf of Magna International , the auto parts giant that began building Fisker's Ocean SUV under contract last month. "Fisker Inc. does not have a bank guarantee with Magna, and Fisker owns the intellectual property for the Fisker Ocean platform," Fisker said in a statement after the U.S. markets closed on Thursday. With a potential downturn looming, Fisker's cash hoard has provided some comfort to its investors.
☆ Fisker CEO Henrik Fisker discusses the production debut of the electric Ocean SUV
  + stars: | 2022-11-17 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFisker CEO Henrik Fisker discusses the production debut of the electric Ocean SUVFisker CEO Henrik Fisker joins CNBC's Phil LeBeau to discuss how the electric-car company plans to ramp up production of its Ocean SUV.
☆ Fisker confirms production of the Ocean SUV will start later this month, now has over 62,000 reservations
  + stars: | 2022-11-02 | by ( John Rosevear | ) www.cnbc.com   time to read: +1 min
Henrik Fisker stands with the Fisker Ocean electric vehicle after it was unveiled at the Manhattan Beach Pier ahead of the Los Angeles Auto Show and AutoMobilityLA on November 16, 2021 in Manhattan Beach, California. Electric vehicle startup Fisker said Wednesday it is on track to begin production of its first model, the Ocean SUV, later this month as planned — and that it now has more than 62,000 reservations for the vehicle, up from over 56,000 as of early August. CEO Henrik Fisker told CNBC the company plans to manufacture 42,400 Oceans by the end of next year. The majority of those vehicles will be built in the second half of 2023, Fisker said. Fisker said that work on its second model, a low-cost EV called the Pear, is progressing ahead of schedule.
☆ GM temporarily suspends advertising on Twitter following Elon Musk takeover
  + stars: | 2022-10-28 | by ( Michael Wayland Lora Kolodny | Michael Wayland | Lora Kolodny | ) www.cnbc.com   time to read: +4 min
As is normal course of business with a significant change in a media platform, we have temporarily paused our paid advertising. The Detroit automaker, a rival to Musk's Tesla , said it is "pausing" advertising as it evaluates Twitter's new direction . It will continue to use the platform to interact with customers but not pay for advertising, GM added. DETROIT — General Motors is suspending its advertising on Twitter following Elon Musk's takeover of the social media platform, the company told CNBC on Friday. Musk has long boasted that Tesla does not pay for traditional advertising, a cost that has added up for conventional automakers' brands through the years.
☆ IPhone maker Foxconn reveals its electric car future
  + stars: | 2022-10-18 | by ( Peter Valdes-Dapena | ) edition.cnn.com   time to read: +4 min
Lordstown Motors sold the factory to Foxconn earlier this year while Foxconn, in turn, agreed to build Lordstown’s electric pickup, the Endurance, there. Another California-based startup, Indi EV, has also agreed to have Foxconn build its car, the Indi One, there. Aside from road-going automobiles, Foxconn has also agreed to build an electric farm tractor, the Monarch MK-V, at the factory. Luxgen’s parent company, Yulon Group, and Foxconn created a joint venture called Foxtron in 2021 to develop and manufacture electric vehicles. Various Foxconn companies are part of an large industry group called the MIH, or Mobility in Harmony, consortium, which is jointly developing the basic electric vehicle engineering platform that underlies Foxconn’s electric vehicles.
☆ Fisker to sell electric SUV in India with view to local production
  + stars: | 2022-09-23 | by ( Aditi Shah | ) www.reuters.com   time to read: +3 min
Fisker CEO Henrik Fisker unveils the Fisker Ocean during the 2021 LA Auto Show in Los Angeles, California, U.S. November, 17, 2021. Sales of electric cars in India will gather pace by 2025-26, Henrik Fisker said in an interview in New Delhi, adding that the company wants to secure a first-mover advantage. Fisker rival Tesla Inc (TSLA.O) put its India entry plans on hold after failing to secure a lower import tariff for its cars. The company's next EV - the smaller, five-seater PEAR - is being considered for production in India but not before 2026, he said. To set up a plant in India would require volume of at least 30,000 to 40,000 cars a year, Fisker said.
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