Henrik Fisker stands with the Fisker Ocean electrical car after it was unveiled on the Manhattan Seashore Pier forward of the Los Angeles Auto Present and AutoMobilityLA on November 16, 2021 in Manhattan Seashore, California.
Patrick T. Fallon | AFP | Getty Photographs
California-based EV startup Fisker mentioned Wednesday it now has greater than 56,000 reservations for its Ocean electrical SUV, and confirmed that it is nonetheless on monitor to begin manufacturing in mid-November.
The bulletins had been a part of Fisker’s second-quarter earnings report. Listed below are the important thing numbers:
- Loss per share: 36 cents vs. 41 anticipated by Refinitiv consensus estimates
- Web loss: $106 million vs. $122.1 million reported within the first quarter of 2022.
- Reservations: Greater than 56,000, up from greater than 45,000 in Could when it reported first-quarter outcomes.
CEO Henrik Fisker confirmed the corporate and its manufacturing associate, international auto provider Magna Worldwide, are on monitor to start manufacturing of the Ocean at a Magna-owned manufacturing unit in Austria later this yr.
Fisker and Magna have accomplished 55 Ocean prototypes as deliberate. All are at present present process last high quality testing in preparation for the November launch, Fisker mentioned.
The corporate had $851.9 million in money remaining on the finish of the second quarter, down from about $1 billion on the finish of March however sufficient to finish improvement of the Ocean and fund its operations via not less than the top of 2022, it mentioned.
Fisker additionally confirmed that its second car, a lower-cost mannequin referred to as the PEAR, can be constructed by Foxconn Expertise Group within the former Lordstown Motors manufacturing unit in Ohio beginning in 2024.
The automaker plans to launch a 3rd mannequin, a sports activities automobile referred to as Ronin, in late 2024. A show of that prototype is anticipated in mid-2023.