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

Baua Electric

Although Fisker successfully launched its flagship Ocean SUV, it was quickly hit with several software issues and lower-than-anticipated sales. says the restructuring in Austria will offer the business a little more time to woo a new investor. As such, over 40,000 reservation holders canceled their Ocean orders.

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Fisker establishing European HQ in Munich; Ocean SUV program advancing towards first gateway

Green Car Congress

Munich offers convenient access to key European EV markets and close proximity to Magna’s Graz facility in Austria. Fisker recently announced a strategic cooperation with Magna International supporting the co-development and manufacture of the Fisker Ocean SUV, projected to launch in Q4 2022. Earlier post.).

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JATO Dynamics: growth slowdown in Euro auto sales in March; SUVs still lead

Green Car Congress

March 2016 was another positive month for European new car registrations, ending a strong Q1 which saw sales of 3.93 The SUV segment was the biggest growth driver, with its registrations counting for 25% of sales in March Q1 2016, an improvement on the 21.7% million units, up by 8.1% The March SAAR came in at 14.98

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Magna Steyr in discussions with several Chinese automakers to localize EV production in Europe

Baua Electric

Magna Steyr / Credit: Magna International Austria-based contract manufacturer Magna Steyr has confirmed that several Chinese OEMs are discussing the possibility of local EV production ahead of further sales in Europe. Here’s the latest.

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JATO: global vehicle sales fall by 39% in March; electrified vehicles up to 17.4% new registration market share in Europe

Green Car Congress

Global vehicle sales totalled 5.55 This represents the largest year-on-year monthly decrease since 1980, when JATO Dynamics started to collect data—even surpassing the global financial crisis in November 2008, which saw a 25% decline in sales. million units in March 2020, down by 39% from March 2019. million units. million units.

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Euro car market has best H1 of century; diesels down 17%; AFVs up 31% for 5.4% of total; SUVs booming

Green Car Congress

Car makers continue to update and modernise their traditional models, while the range of SUVs on offer continues to grow and appeal to all kinds of budgets and needs. million SUV registrations in H1 2018, a result that marks the best-ever performance for the segment in Europe. There were 2.92 million registrations.

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Fisker confirms potential EV partnership with “large automaker”

Baua Electric

Fisker Alaska electric truck concept Fisker has so far relied on contract manufacturing for production of its sole model, the Ocean electric SUV. 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.

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