Fisker shows off three new EVs during ‘Vision Product Day’ presentation and announces earnings

Henrik Fisker with the all-new Fisker Alaska electric pickup truck during the company's "Vision Product Day." (Photo: Fisker Inc.)

Huntington Beach, Calif. — On Thursday afternoon, Fisker Inc. premiered three new electric vehicles: The Alaska pickup truck, Ronin sedan, PEAR small SUV and Force E off-road package. The announcement took place during Fisker’s ‘Vision Product Day’ event from its Huntington Beach, Calif. vehicle processing center. 

“Today will be our first-ever look beyond the Fisker Ocean and Fisker’s vision of the future of electric mobility,” said Andrew Jameson, head of entertainment partnerships at Fisker Inc. “Fisker is a visionary new kind of EV company built to design one mission: to design the world’s most emotional and sustainable vehicles. Today, we’ll meet the next Fisker vehicles that realize that transformation. In the words of the man coming to the stage, you will see things that are super cool.”

Then, Fisker Inc. Chairman and CEO Henrik Fisker arrived in an Ocean EV that was driven on the stage. The Fisker Ocean is the company’s first electric vehicle model that it is producing and delivering to customers. The EV maker uses recycled bottles and plant-based materials in each Ocean it builds. In addition, it is manufactured in a carbon neutral plant located in Graz, Austria.

First, Fisker showed off the Ocean EV with the Force-E off-road vehicle package. It includes 33-inch tires on 20-inch wheels, higher ground clearance, specialized dampers, roof basket, front and rear skid plates, and an underbody plate.

“The Force-E is our new kind of electric off-roading,” said Henrik Fisker. “It is a great package for a new kind of driving. Also, I would say when we did this vehicle, we think about people who actually go out in nature, enjoy nature, not polluting the nature they enjoy so much. The Force-E will be the cleanest and most sustainable, all-wheel drive vehicle available. It’s a little bit of a beast. Look at how wide it is. It’s got really cool fenders with a really cool graphic. Those wheels are huge.”

It will be offered as an add-on option to current Ocean EVs and customers can buy a new Fisker EV with the Force-E package in the future. Look for the Force-E package to premiere in the first quarter of 2024.

Secondly, Fisker introduced the Ronin electric four-door convertible GT sports car. It was described as a “Timeless modern performance EV.” The Ronin is a five-seat GT with a carbon fiber hard top, four butterfly doors, a high-tech luxury interior and a futuristic exterior design.

“It’s something that can really make your heart pump and get super excited about it,” Henrik Fisker explained. “This is the EV for somebody who craves what’s next. This is really about redefining the supercar. We see the Ronin as the technology carrier for Fisker. We can showcase all of our new things in this vehicle. We’re looking at integrating the battery cells into the structure of the body. The reason we are going for 600-mile range is because this is luxury GT. You want to drive from Los Angeles to Napa Valley and you just want to drive. You just want to have fun. You don’t want to think about when you have to stop.”

The Ronin comes with a three electric motors, an all-wheel drive powertrain that is expected to achieve more than 1,000 horsepower. It will go from 0 to 60 mph in just 2 seconds. Fisker says the Ronin’s integrated battery pack will achieve more than 600 miles of electric driving range.

Third, the EV maker debuted the Fisker Pear small electric SUV. It comes with some unique features including a Houdini trunk that goes down and disappears inside the vehicle. In addition, the Pear has a solar roof and lounge mode where the front seats fold down. Look for the Pear to arrive in mid-2025. Fisker says pricing will start at $29,900 or $22,400 after U.S. electric vehicle incentives.

“PEAR stands for personal electric automotive revolution,” he said. “We really wanted to design this vehicle here for today’s future lifestyles. Cars have not changed much over the last 50 years in terms of utility aspects of a car. With the Pear, we started looking at young people’s lifestyles in big cities around the world. What do they everyday? What do they want out of a car? How would digital natives use a vehicle in the future?“

Finally, the presentation was about to wrap up until CEO Henrik Fisker appeared on stage once again. He surprised the crowd with a rendering of the upcoming Fisker Alaska electric pickup truck on the screen. Minutes later, smoke appeared and an Alaska truck was driven on stage for the crowd to see with their own eyes!

“We gotta do the real deal…what do you guys think?” Henrik Fisker said. “I want you to meet the Alaska, our advanced pickup truck. We were thinking about pickup trucks. It’s a super hot market. A lot of people use these cars to go shopping or put the kids in school or drive to work. Wanted to have a pickup truck that had both the pickup truck efficiency and usability but also was a great driver’s car.”

On Friday, the company announced its 2nd quarter earnings report. Fisker says it earned $825,000 in revenue compared with $10,000 revenue a year ago. That is an increase however analysts were expecting revenue to be at around $43 million. It lost almost $88 million in operating costs. Analysts predicted a loss of 28 cents per share while the company reported a loss of 26 cents per share. 

The EV maker produced 1,022 vehicles in the second quarter of 2023. Of those, 1,009 were manufactured in July. The Magna factory had a summer shutdown which decreased the number of vehicles producer. Fisker updated its production forecast for 2023 to a range of 20,000-23,000 units due to a capacity constraint at one of its suppliers.

For more info about Fisker and its electric vehicles, visit www.fiskerinc.com.



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