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Fisker is in talks with an unnamed “massive automaker” for a possible funding, improvement of a number of EV platforms, and North American manufacturing.
The announcement, first reported by Automotive Information, got here immediately from Fisker’s fourth-quarter 2023 earnings report Thursday. The corporate reported a $463 million internet loss for the quarter.
Fisker Alaska electrical truck idea
Fisker has to date relied on contract manufacturing for manufacturing of its sole mannequin, the Ocean electrical SUV. Manufacturing of the Ocean began in November 2022 at Magna’s facility in Austria, however deliveries have trickled out as a result of a variety of points.
Fisker has within the meantime begun pivoting to a dealer-based gross sales mannequin, to complement direct-sales efforts relying in the marketplace. The corporate introduced the seller pivot in January, and since then has signed up 13 sellers—with areas in New York, Florida, and Indiana confirmed simply this week—whereas receiving over 250 “expressions of curiosity” from sellers in North America and Europe, Fisker mentioned in its quarterly earnings report.
Fisker Pear
The corporate added that its marketing strategy is “extremely dependent” on the shift to a dealer-based mannequin, including that it might want to search further fairness or debt financing in 2024 or threat having to chop prices and cut back Ocean manufacturing.
Fisker did not spare any ambition final August when it revealed plans for the $30,000 Pear, the $45,000 Alaska pickup, and a $385,000 grand tourer. The corporate has instructed that its Pear EV could be constructed by Foxconn, within the U.S., and may it attain manufacturing, the Pear’s low base worth may put it into competitors with the reconstituted Chevrolet Bolt EV. Thursday’s replace appeared to additionally point out the potential Foxconn partnership has dissolved, whereas a few of these initiatives are delayed or on pause through the negotiation.
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