Wolfe cuts Fisker (FSR) to Underperform as EV industry continues to intensify

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Go back to Wolfe cuts Fisker (FSR) to Underperform as EV industry continues to intensify

Fisker Details Emission Credits Strategy for United States

June 6, 2023 3:23 PM EDT

Fisker will start US deliveries of the all-electric Fisker Ocean SUV later this month. The Fisker Ocean Extreme has received both an EPA Certificate of Conformity and a California Air Resources Board (CARB) Executive Order, approving the Fisker Ocean Extreme for sale and delivery in all 50 US states and the District of Columbia. Certification by regulators in US will enable Fisker to sell emission credits as part of its overall business strategy. Fisker has already agreed to sell emission credits to a major automaker at competitive rates.

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