Credit: Aaron Sprecher | Bloomberg

Fisker is approaching the end of a supply chain crisis, expect to hike prices in 2024, CEO says

Written by Cláudio Afonso | | LinkedIn | Twitter

Fisker CEO Henrik Fisker was among the invited speakers at the Deutsche Bank Conference on Tuesday where he said that expects to increase prices for vehicles as soon as 2024. Fisker‘s first model, the SUV Ocean, is scheduled to start the production on November 17 in Austria, with the base Sport trim priced at $37,499 before incentives. The Extreme trim level is priced at $68,999 and delivers an estimated range of over 350 miles.

In addition, Fisker CEO said the company is approaching the end of a supply chain crisis. Henrik explained that Fisker worked with a supplier to redesign a part to use a different chip that wasn’t in short supply.

Last week, the EV maker announced that has surpassed 50,000 reservations for its first model Fisker Ocean and 3,200 for Pear model. The production for the second model is expected to begin in 2024 and prototype testing slated in late 2022. Fisker added that PEAR model will be “fully revealed in the second half of 2023 and enter production at a plant in 2024. “With development well underway, prototype testing is expected to begin at the end of 2022,” the company stated.

Recenty, Fisker’s senior recruiter Larry Sherwood said on LinkedIn that the company is open to receive Tesla and SpaceX employees that exited Tesla after Musk’s warning about the end of the remote work.

Written by Cláudio Afonso | | LinkedIn | Twitter