Electric vehicle maker announced its 2023 production target

SAN FRANCISCO - April 25, 2023 - PRLog -- Following underwhelming manufacturing and delivery figures reported by their competitors Lucid LCID and Nikola NKLA, FSR released positive news.

FSR saw a significant increase in their stock value after the EV manufacturer announced that they would meet their production goal for the year additionally revealing that they spent less money than projected in 2022.

Assuming they receive regulatory approval, and their supply chain performs as expected, FSR has forecasted that they will manufacture up to 42,400 units of their first Ocean SUV model in 2023. This announcement followed a week where LCID and NKLA witnessed a drop in their stock prices after reporting lower-than-expected figures for manufacturing and delivery.

As of February 24th, FSR has reported a surge in orders for the Ocean model to approximately 65,000, up from over 62,000 in November. They anticipate completing testing in March and initiating production and delivery of the vehicle during the second quarter.

According to CEO Henrik Fisker, launching the Ocean takes precedence above all other objectives for the company. He further stated that the Ocean model will have the greatest range of any SUV/crossover model with a price below $70,000 upon its release.

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