Home Artificial Intelligence Fisker Inc., the Iconic EV Brand, emerges from the SPAQ boom in Pole Position to deliver 1 Million Vehicles per 12 months by 2027

Fisker Inc., the Iconic EV Brand, emerges from the SPAQ boom in Pole Position to deliver 1 Million Vehicles per 12 months by 2027

Fisker Inc., the Iconic EV Brand, emerges from the SPAQ boom in Pole Position to deliver 1 Million Vehicles per 12 months by 2027

The Speed and Precision of Fisker Inc. has given them the pole position amongst all EV startups. Henrik Fisker, notorious for designing iconic vehicles, has been pushing towards a segment of the EV market that’s untapped, unchallenged, and under-targeted. Return to a time of unhindered mobility with the power to scale up inside six to nine months upon homologation and certifications.

Actually, it’s guidance is positive EBITDA in 2023. Henrik commented in late 2023, “We’re running two programs concurrently,” he said. “We’re doing a whole lot of the Pear program internally and I’d say the Ocean program in itself can be profitable next year- but don’t forget we’ll take that profit and put it back into the corporate for developing the Pear”.

Within the firm’s fourth quarter conference call in late February, Henrik reiterated as much. Dr. Geeta Gupta-Fisker and Henrik Fisker each emphasized that the Ocean can be profitable from the primary vehicle onward. Henrik stated that “We’re Self Sufficient and can be profitable (EBITDA) on the primary Ocean manufactured onward. It is a credit to our Asset Light Modeling and use of Contract Manufacturing as our vision has proven to be Superior.

No must wait to start manufacturing EVs as Fisker is following within the footsteps of Tesla who manufactured vehicles for nearly eight months before certifications. It’s sprinting forward at 2x speed through the certification processes (on two continents). While Tesla took 7 1/2 to 14 months to accumulate certifications following SOP, Fisker is a mere 4 months post-SOP and said to be completing homologation in March/April because it begins deliveries of its’ Fisker Ocean ONE.

Analysts are projecting robust revenues in 2023 and expect over 100% growth YoY in 2024.

Analysts 2023E & xREV/MC

$FSR $5.80 $1.87B MC

23REV 2.53B

0.59x REV

$PSNY $3.64 $7.7B MC

23REV 3.99B

1.93x REV

$RIVN $13.52 $11.94B MC

23REV $4.72B

2.53 REV

$LCID $8.21 $15.05B MC

23REV $1.88B

8.01x REV

Full Guidance of Analysts (top analyst) is as follows:

2023E Rev $3.25B+

2024E Rev $6.45B+

2025E Rev $9.75B+

Fisker can also be utilizing its’ asset light approach to scale faster past 27,000 EVs of their first production 12 months and is on course to beat Teslas 27k mark. It’s eyeing 42,400 Oceans. By the tip of March it’s estimated to carry over 74,000 preorders across each the Ocean (by Magna) and PEAR (by FoxConn). With the supercar model RONIN and the approach to life truck Alaska they’re set to sell One Million EVs in a single Yr by 2027. $FSR

Their PEAR has the platform to encroach on the moat the Tesla has built around its brand. The concept that Tesla is someway too large, or two developed, is misguided. Actually the Pear By FoxConn Is ready to deliver over 575,000 high tech, low price mobility devices into the hands of fleets and into future garages of consumers by mid to late 2025.

The PEAR’s over-the-air updates of technology sets it apart in addition to being a mobility machine and its own class, and its own segment and with virtually no competition. Priced out under $29,995 Before ZEV credits it’s coming out priced as little as $22,495 after tax rebates assuming qualification for the total credit.

The Ocean SUV with its largest screen at 17.1 inches in addition to a Patented rotating screen will redefine entertainment. The Ocean’s SolarSky solar roof incorporates fast charging allowing extra miles each day of driving within the sun while charging from the sun. It is ready to be features on every EV it manufactures.

Nevertheless, essentially the most understated technology that Fisker is launching even before GM or Ford finished it’s the bi-directional charging ability to make use of your EV vehicle to charge your home within the case of inclement weather akin to hurricanes within the south or tornadoes within the Midwest for five+ days.

Nearly 70,000 oceans have been reserved Fisker as Henrik Fisker is quickly becoming essentially the most sucessfull launch of any startup so far. The rise and fall of others EV’s resulting from the shortage of funding is sort of noteworthy. Lack of working prototypes, in addition to the shortcoming to supply those vehicles at scale is just not a problem for Fisker Inc.. Quite the opposite FIsker is committed to manufacturing over 42,400 Oceans thus passing Tesla as soon because it manufactures its 28,000th EV as most successful launch ever.

The choice of Henrik Fisker to deal with SUVs, crossover vehicles, in addition to mobility devices which can be in no class currently allows them to comb in like James Bond undetected, undeterred, underappreciated and undervalued. This is sort of notably illustrated by his UK office which is developing the Fisker Project RONIN SuperCar for delivery in late 2024/2025 in addition to the Fisker Alaska.

Fisker Ocean

For the remainder of the EV players, The time And money spent scaling there manufacturing footprint will mean additional Delays in addition to additional dollars spent. At the moment only 4 EV startups remain above $1B Market Cap with Fisker Inc. Vastly undervalued.

The utilization of contract manufacturers like Magna Steyr and FoxConn has proven to be the gold standard within the industry as Fisker is the one startup, not currently manufacturing EVs, to scale production. It has also leveraged quality manufacturing and just in time logistics at Magna Steyr. This has allowed them the power to deal with design and let the certified Six Sigma Logistics pros at Magna Steyr deal with quality.

Fisker Ocean

For Fisker the power to access capital markets before capital was needed has allowed them to cross develop three vehicles concurrently while launching their first vehicle, the Fisker ocean on time.

Within the midst of a supply chain bottleneck, the Fisker PEAR by FoxConn has the power to scale resulting from rapidly to over 575,000+ within the Lordstown Ohio manufacturing plant. Their multi-billion dollar investment into EV battery suppliers and chip manufacturers cements their status as a premier manufacturing partner of EVs. The flexibility of Fisker to partner with FoxConn vastly shields them from the consequences of supply chain issues plaguing other manufacturers. Fisker also has a ten 12 months unlimited computer chip agreement with FoxConn because it sets out to design mobility driving machines.

Soon Fisker Ocean SUVs can be all around the roadways and all across social media soon. Cheers! Follow us on Medium, Twitter, Instagram, and StockTwits.

Fisker PEAR
Fisker Ocean



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