As the first quarter of 2023 draws to a close, some Fisker customers are curious about whether the initial batch of 300 Fisker Ocean Ones has been produced at Magna Steyr in Graz, Austria.
Today, multiple Fisker Ocean One customers asked us about the production status of the Fisker Ocean. These customers that reached out are just as eager as us to receive their limited edition launch vehicles. If you recall, Fisker planned to produce over 300 Fisker Oceans during Q1 2023. Unfortunately, we don’t have any new information on the current production status of the Fisker Ocean.
It was during the company’s November 2022 earnings release, Fisker shared their production plan for 42,400 Ocean units. This was based on a four-stage supplier ramp up and vehicle assembly plan. The quarterly production plan for 2023 outlined by Fisker was to produce over 300 vehicles for Q1, over 8,000 for Q2, over 15,000 for Q3, and the remainder to get to 42,400 for Q4.
At the end of February 2023, Fisker maintained their production target of up to 42,400 units. However, this production target was based on two things. Firstly, whether or not the company’s supply chain could deliver as forecasted. It’s our understanding Fisker secured long-lead parts and expected to receive parts for the first 300 cars during March. However, we have yet to confirm whether or not the company has received these parts.
Secondly, Fisker needed to receive homologation in a timely manner in order to achieve their production target. During the latest earnings call in February, Fisker anticipated completion of homologation in March. As of this week, Fisker plans to receive European homologation from authorities by April 28th, 2023, with deliveries following soon after. Customers in the US are still waiting to hear about certification and approvals for North America, as well as official EPA results.
Closing in on the End of Q1 2023
As we approach the close of Q1 2023 in Graz, Austria, we do not know if Fisker produced over 300 Ocean units this quarter or not. We hope to hear more from Fisker soon rather than waiting until the Q1 2023 earnings release. As we talked about last night on All-Things Fisker: Episode 21, it would also be nice to see an update regarding Fisker Ocean certification and approvals for North America, not to mention EPA results, especially for customers highly anticipating the delivery of their Fisker Ocean Ones.
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