Why You Shouldn't Count Fisker Out of the EV Race Yet

Small and flush with cash, Fisker is aiming at the under-$40,000 electric SUV market with its Ocean, still said to be on schedule to release in November 2022. With an affordable EV strategy as its cornerstone (though it also has more expensive, tricked-out models of the Ocean planned), Fisker claims it is picking up plenty of pre-orders. Its September 2021 investor presentation indicates it currently has approximately 62,500 pre-orders even before the upcoming November 2021 public demonstration of the Ocean SUV.