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Manufacturing: Fisker to make 100 SUVs for India

Fiinews by Fiinews
July 18, 2023
in Manufacturing
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Fisker says India offers exciting opportunities for his group

California-based Fisker Inc. (NYSE: FSR), driven by a mission to create the world’s most emotional and sustainable electric vehicles, will produce 100 Fisker Extreme Vigyan Edition all-electric SUVs for the Indian market.

“India offers exciting opportunities for us,” Chairman and CEO Henrik Fisker said. “Following the successful start of deliveries in Europe and the US, we’re thrilled that we can bring the Fisker Ocean Extreme, with its class-leading range and unique features, to a new market where we plan to grow our brand rapidly over the coming years.”

Fisker, with an office in Hyderabad since 2022, expects to homologate the Fisker Ocean Extreme Vigyan Edition, named for the company’s India subsidiary, by September 2023.

Deliveries to the world’s third-largest automotive market will commence in Q4 2023. Pricing will align with Europe — where the Fisker Ocean Extreme is priced at 69,950 EUR for the German market — plus import taxes and logistics for India.

The Fisker Ocean Extreme has an EPA range of 360 miles1 on standard 20-inch wheels and tires, which is the longest range of any new electric SUV in its class2. In Europe, the Fisker Ocean Extreme has a WLTP range of 707km/440 UK miles3 on standard 20-inch wheels and tires, which is the longest range of any electric SUV sold in Europe today.

Fisker Inc is revolutionizing the automotive industry by designing and developing individual mobility in alignment with nature. Passionately driven by a vision of a clean future for all, the company is on a mission to create the world’s most sustainable and emotional electric vehicles. Fiinews.com

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Fiinews.com features through news articles on business opportunities in the Indian market for the benefits of foreigners. It is also a platform for international businesses to showcase through elaborate articles on their products & services to the Indian consumers and corporations exploiting industrialisation of the country.

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It is led by editor-in-chief Gurdip Singh who has worked over 45 years reporting on
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