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Fisker files bankruptcy equivalent in Austria to gain ‘breathing room’ amid Ocean production halt

Baua Electric

Its stock tanked after Fisker halted Ocean production at Magna-Steyr in Austria, which was quickly followed by the automaker slashing tens of thousands off Ocean MSRPs to liquidate its existing stockpile of assembled vehicles. says the restructuring in Austria will offer the business a little more time to woo a new investor.

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Fisker adds new US dealer and several more in Europe as extreme price cuts take effect

Baua Electric

California-based EV startup Fisker signed a new dealer in Miami and several in Europe as it fights to turn things around. After announcing massive price cuts on its Ocean electric SUV last month, Fisker looks to grow its dealer network. Fisker previously signed dealer partners in Austria, France, Germany, Norway, and Switzerland.

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Fisker confirms potential EV partnership with “large automaker”

Baua Electric

Production of the Ocean started in November 2022 at Magna’s facility in Austria , but deliveries have trickled out due to a number of issues. Fisker has in the meantime begun pivoting to a dealer-based sales model , to supplement direct-sales efforts depending on the market.

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Magna Steyr To Build New Compact Infiniti In Austria

Green Car Reports

There are no Magna Steyr dealers, and it doesn’t sell directly to the public, but if you’re an automaker, the company is at the top of your call list when engineering services or contract production are needed. Magna Steyr may be one of the most significant automakers you’ve (likely) never heard of.

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Fisker Q4 report: ‘Substantial doubt’ it can continue, seeks investment from ‘large automaker’

Baua Electric

Fisker previously relayed that over 250 dealer partners in North America have expressed interest, but only 13 have actually signed agreements. The Ocean is currently being built in Austria by contract manufacturer Magna Steyr. In addition, Fisker intends to reduce its workforce by approximately 15%.

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Darwin Group forays into e-scooter segment, launches 3 e-scooters

Electric Vehicles India

We are introducing EVs that are at par with Japanese Standards and have got an international quality certification with Quality Austria Central Asia.” If you are an EV manufacturer or EV Dealer or EV Supporter who want to share news related to electric vehicles on our website, please send an email to crm@electricvehicles.in.

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Fisker pauses production, with glut of undelivered EVs

Baua Electric

The production pause at contractor Magna’s Graz, Austria, factory is intended to give Fisker time to sell some of these vehicles. But as TechCrunch points out, at least one of the first dozen-or-so Fisker dealers that signed up has already come and gone.

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