Henrik Fisker reveals off the approaching Fisker Alaska pickup. (Getty Photos)
Fisker stated on Friday its electric vehicle deliveries jumped greater than four-fold in the course of the last quarter, serving to it hand over about 4,700 automobiles for the yr.
The rise in quarterly gross sales quantity was primarily pushed by sturdy demand for the Fisker Ocean SUV, priced at about $69,000, the corporate stated.
Fisker began making its first deliveries to U.S. clients in June.
The corporate will announce a plan in January to spice up gross sales and deliveries to align manufacturing capability with sturdy demand for the Ocean SUV, Fisker stated.
Shares of the California-based EV firm had been up greater than 10% in premarket buying and selling. They’ve misplaced about 79% to date this yr.
Smaller EV corporations are dealing with dwindling money reserves, pressured by excessive prices associated to manufacturing ramp-ups and worth cuts to spice up demand.
Fisker, which has a cope with Magna Worldwide’s Austrian unit to fabricate its automobiles, made 10,142 automobiles in 2023.
The corporate, nonetheless, slashed its annual manufacturing forecast twice up to now two months because it slowed down manufacturing to fulfill working capital wants.