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EV startup Fisker to ramp up production in 2023, exploring US manufacturing
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Electric-vehicle startup Fisker Inc said on Friday it was exploring options to manufacture in the United States in 2024 and was considering ramping up production of its first vehicle, the Ocean SUV, in the second half of 2023.
U.S. manufacturing would make certain vehicle models eligible for a tax credit under the Inflation Reduction Act, a $430 billion bill focused on lowering healthcare costs, promoting clean energy and increasing corporate taxes.
The California-based company also said it has sold out the Sport and Ultra variants of the Ocean vehicle that it planned to produce in 2023 for the U.S. market.
FISKER REVEALS 'RADICAL' ELECTRIC PICKUP
Demand for electric vehicles has surged as countries worldwide chase cleaner transport options and seek to achieve net-zero carbon emissions targets to tackle climate change.