Fisker reduces Ocean SUV price by 39% to spur demand amidst financial struggles

From Investing.com: 2024-03-27 19:30:49

Electric vehicle startup Fisker is slashing the price of its Ocean SUV by 39% for the top-end “Extreme” version, now priced at $37,499. The move aims to boost demand and position the company as a more affordable EV choice amidst financial struggles. Talks with a major automaker recently collapsed, leading to strategic exploration for Fisker. The Ocean competes with Tesla’s Model Y and Ford’s Mustang Mach-E.



Read more at Investing.com: EV startup Fisker slashes prices of Ocean SUV amid debt troubles By Reuters