Fisker (FSR) Enters Next Phase of Production for Electric Fisker Ocean

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Fisker (FSR) explores collaboration with other companies

May 17, 2023 11:41 AM EDT

Fisker (NYSE: FSR) CEO, Henrik Fisker said Wednesday that the electric automaker is exploring collaborations with other companies to scale up market share faster.

"Buyers aren't loyal anymore to their traditional brands. That changes everything. If we collaborate with someone, you can scale quicker ... it could be with suppliers, other car companies, tech companies - we are exploring all these avenues," Fisker said, speaking at the Reuters Automotive Conference in Munich.

During interviews at the conference on Tuesday, senior executives from Polestar (NASDAQ: PSNY) and Smart, rival... More

Gov. Abbott signs annual EV tax bill into law

May 16, 2023 2:44 PM EDT

Texas Governor, Greg Abbot signed Senate Bill 505 into law over the weekend, requiring electric vehicle owners to pay $400 to register a new electric vehicle, on top of other fees. Renewing registration will cost $200.

The purpose of the fee is to guarantee that owners of electric vehicles contribute their fair portion towards highway expenses, typically funded by a 20 cent-per-gallon gas tax paid by owners of gasoline-powered and hybrid vehicles.

The bill passed a vote in the... More

Fisker (FSR) gains following announced production ramp

May 15, 2023 2:07 PM EDT

Shares of sustainable electric automaker, Fisker (NYSE: FSR) are trading up 3.61% after the EV company released a press release Monday detailing the next phase of EV production as it accelerates its global launch of the electric Fisker Ocean SUV.

Today, Fisker is beginning to gradually ramp-up production, and will continue throughout May and has set a goal to... More