EV startup Fisker cut its 2023 production target for the fourth time

Fisker, the California-based EV startup, cut its annual production guidance in an effort to free up $300 million in working capital, the company said in a business update Friday. Fisker said it expect

Fisker confirms Foxconn will build its $29,900 Pear EV, but questions remain

EV startup Fisker revealed more details about its $29,900 Pear electric urban lifestyle crossover vehicle Thursday at the company’s Product Vision Day. Included in that reveal was confirmation t

Henrik Fisker: No ‘final conclusion’ yet in Foxconn deal

Two years ago, EV startup Fisker seemed to have hooked a giant when it announced a deal with Taiwanese iPhone maker Foxconn to build a sub-$30,000 crossover in the United States. It turns out that dea

Fisker reveals all-electric Alaska pickup, 3 other EV prototypes

Fisker, the automotive startup-turned publicly traded company founded by famed automotive designer Henrik Fisker, revealed Thursday night a dizzying array of EV prototypes, from a beefy pickup truck w

Fisker to sell $340M in convertible notes to fund operations, add battery pack capacity

California-based EV maker Fisker plans to sell $340 million in convertible debt, according to a regulatory filing posted Monday. The company expects the net proceeds to be $296.7 million, the lower am

EV maker Fisker falls short of Q2 production target

EV upstart Fisker produced 1,022 Ocean SUVs in the second quarter, falling short of its own expectations by several hundred vehicles. Fisker had expected to produce between 1,400 and 1,700 EVs. The co

Fisker to enter China’s hotly contested EV market with local production plans

Fisker, the electric carmaker founded by the Danish auto designer Henrik Fisker, is gearing up to enter the Chinese market where competition is increasingly cut-throat, following in the footsteps of a

Fisker bumps up production for all-electric Ocean SUV

Fisker is raising its manufacturing forecast two weeks before its first electric vehicle, the Ocean SUV, enters production. The automaker plans to produce 42,400 Ocean SUVs by the end of 2023, up from

Fisker reveals all-electric luxury GT sports car

Fisker Inc. revealed Wednesday a glimpse of the fully electric luxury GT sports car it plans to add as the third model to its fledgling lineup. The Project Ronin concept, code-named after the 1998 stu

Twitter says it overcounted its users over the past 3 years

Twitter didn’t have as many users as it thought — a predicament that may have encouraged the company to more seriously consider its acceptance of Elon Musk’s proposal to take the com

Why EV startups should’ve hit the brakes before merging with a SPAC

The blank-check boom that made real many electric vehicle manufacturers' dreams of going public may be nearing a close.

Fisker touts 31,000 reservations for its Ocean SUV as production draws closer

Fisker is still on track to start production of the Ocean SUV in November, with reservations for its first electric vehicle jumping to 31,000, the company said Wednesday during its fourth-quarter and

Fisker starts taking reservations for its $29,900 Pear EV

Fisker is at last ready to share more about Project PEAR. The automaker has started taking reservations for the Pear, a five-passenger "urban EV."

The all-electric Fisker Ocean SUV debuts with a rotating screen from Foxconn

Foxconn’s fingerprints are all over one of the central details in the upcoming all-electric Fisker Ocean SUV. The company unveiled the production-intent version of the Fisker Ocean SUV on Wednes

Foxconn buys Lordstown Motors’ Ohio factory for $230M, plans to help produce Endurance electric pickup

Electric light-duty truck manufacturer Lordstown Motors has officially sold its 6.2-million-square-foot Lordstown, Ohio factory to Foxconn, the Taiwanese hardware manufacturing company best known for

Fisker is on target to launch the Ocean electric SUV in November 2022

Fisker provided an upbeat forecast on the ramp-up of its electric automaking business during Wednesday’s third-quarter earnings call, highlighting its manufacturing partnership with Foxconn, a b

Foxconn says Thailand EV factory will begin producing 50,000 units by 2023

Taiwan-based smartphone manufacturing giant Foxconn and national Thailand oil supplier PTT PLC are moving forward with an agreement to start an electric vehicle manufacturing facility in Thailand. The

Foxconn plans to build EV factories in the US and Thailand in 2022

Foxconn is getting more serious about its electric vehicle ambitions. The company told investors during an earnings call that it plans to build EV factories in the US and Thailand in 2022.

Fisker-Foxconn EV partnership ‘moving faster than expected,’ CEO Henrik Fisker says

U.S. electric automaker Fisker expects operating expenses to reach between $490 million and $530 million this year, a slight increase in its business outlook for the year that is driven by R&D spe

Fisker invests in EV charging network Allego’s SPAC merger

Fisker is investing $10 million in private-investment-in-public equity (PIPE) funding for the merger of Allego and special purpose acquisition company Spartan Acquisition Corp III.
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