Fisker Moves Closer to Delivery of its Ocean SUV
Fisker announced this week that it has completed another engineering milestone putting it one-step closer to delivering the Fisker Ocean SUV to consumers.
In a press release, the company indicated that it had completed the Preliminary Product Specification gateway with help from its affiliate – Magna International Inc. Fisker touts this PPS gateway as a key engineering and purchasing milestone for completion of the Ocean SUV.
As part of this achievement, the company was able to confirm preliminary design specifications as well as key components and subsystems. It also confirms the planned timing for future gateways leading up to the launch of actual production – just over a year from now.
“Today’s announcements demonstrate our team’s ability to set aggressive targets and achieve them on time,” commented Fisker Chairman and Chief Executive Officer, Henrik Fisker.
“Completing these important engineering and purchasing milestones demonstrates how well the Fisker and Magna teams are working together and keeping our rapid, capital-light product development program on-track towards the delivery of the all-electric Fisker Ocean SUV, expected to commence in Q4 2022.”
Under the terms of an agreement reached last month, the Fisker Ocean SUV will initially be manufactured exclusively by Magna in Europe.
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