🐂 Not all bull runs are created equal. November’s AI picks include 5 stocks up +20% eachUnlock Stocks

Fisker expands dealer network in key US markets and Guam

EditorNatashya Angelica
Published 02/05/2024, 20:44
FSRNQ
-

LOS ANGELES - Fisker Inc. (OTC:FSRN), an electric vehicle manufacturer, has announced the expansion of its dealer network by adding six new locations across the United States and in Guam. This move comes as part of the company's strategic shift towards a Dealer Partnership model initiated earlier this year.

In California, Fisker has established three new dealer partners: Lumin Fisker in Sacramento, and LA Fisker as well as West Covina Fisker, both situated in Los Angeles County. Moreover, the company has broadened its national presence with Fisker of Kansas City in Missouri, NEPA Fisker in Forest City, Pennsylvania, and a distributorship in Guam named Fisker Guam. These new partnerships bring Fisker’s total number of US dealer locations and distributorships to twelve.

A spokesperson for Fisker expressed enthusiasm about the expansion, noting the importance of California as a market and the company’s efforts to establish a presence there. The new dealer partners are expected to begin operations soon and will be listed on the company's website.

In a related development, Fisker recently announced price reductions for its 2023 model year Fisker Ocean SUVs in the US. The Manufacturer’s Suggested Retail Price (MSRP) for the Ocean Extreme trim was lowered by $24,000 to $37,499.

Similarly, the MSRP for the Ultra trim is now $34,999, down from $52,999; and the Sport trim is priced at $24,999, reduced from $38,999. These price reductions took effect on March 29, 2024, and are also applied in Canada and Europe.

The Fisker Ocean Extreme boasts an EPA-estimated range of 360 miles, positioning it as the electric SUV with the longest range in its segment sold in the US. It also claims the longest range in its segment in the European market according to the WLTP standard.

The company highlights the Ocean Extreme’s use of recycled and bio-based materials, its production in a carbon-neutral facility, and the integration of rooftop solar panels, which can add up to 1,500 miles of range per year.

The information in this article is based on a press release statement from Fisker Inc.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.