BARCELONA–(BUSINESS WIRE)–Fisker Inc. (NYSE: FSR) (“Fisker”) – passionate creator of the world’s most durable electric vehicles and advanced mobility solutions – launched its all-electric Fisker Ocean SUV to the European market at Mobile World Congress in Barcelona.

The five-passenger Fisker Ocean Sport has a range of 440 KM (WLTP estimate) with a starting price of $37,499 in the US (excluding taxes and incentives) and €41,900 in Spain (VAT included, excluding subsidies). The top version Fisker Ocean Extreme travels 390 miles (EPA estimate) / 630 km (WLTP estimate) on a single charge with dual-motor all-wheel drive, three riding modes and a host of safety features never before seen on the market.

“Mobile World Congress in Barcelona is the perfect place to showcase the Fisker Ocean, as our vehicle is packed with cutting-edge technology, including live offerings that we will take to a new level,” said CEO Henrik Fisker. “With the Fisker Ocean’s combination of performance, value and durability, I believe we have a unique electric vehicle with industry-first features such as California Mode, a 17.1-inch rotating screen and longest range in our segment.”

“Europe is key to the success of the business as we work to build the most sustainable vehicle and start production in November,” he added.

As evidence of progress towards that goal, 47 prototypes of the Fisker Ocean are under construction, and Fisker himself reviewed their development the week before Mobile World Congress.

Fisker is developing a comprehensive and well-integrated European strategy. In 2021, the Manhattan Beach, Calif.-based startup established an office in Munich and is rapidly adding staff to serve a growing electric vehicle market.

The company is building its first Europe-based brand experience center in Munich, with plans for additional centers in other European countries. The industry-leading six-year, 60,000-mile/100,000-kilometre base warranty; 10-year, 100,000 mile/160,000 kilometer powertrain warranty; and the 10-year, 100,000-mile/160,000-kilometer battery warranty (whichever comes first in any case) will be supported by service centers throughout the region. For service, the company offers in-home vehicle support, or Fisker Mobile Service, for customers who prefer trained technicians to come to them. (The Fisker Ocean warranty also includes corrosion coverage and roadside assistance.)

Finally, in 2021, Fisker creates its Fisker Magic Works and chooses England as the headquarters of the division. This branch of the Fisker organization will develop special editions of the company’s vehicles as well as new high-performance projects combining durability with Henrik Fisker’s commitment to beautiful and emotional design.

Mobile World Congress runs from February 28 to March 3, 2022 and attendees are encouraged to visit the show booth to see the Fisker Ocean in person. The full Fisker Ocean press kit is available at www.fiskerinc.com/newsroom.

About Fisker Inc.

California-based Fisker Inc. is revolutionizing the automotive industry by developing the most emotionally desirable and environmentally friendly electric vehicles on Earth. Passionate about the vision of a clean future for all, the company is on a mission to become the leading provider of electric mobility services with the most sustainable vehicles in the world. To learn more, visit www.FiskerInc.com – and enjoy exclusive content on Fisker’s social networks: Facebook, Instagram, TwitterYouTube and LinkedIn.

Download the revolutionary new Fisker mobile app from the App Store or Google Play Store.

Forward-looking statements

This press release contains forward-looking statements, which are subject to the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. Such statements may be identified by words such as “felt”, “believes” , expects, “estimates”, “projects”, “intent”, “should”, “shall be” or the negative form of these terms, or other comparable terminology and include, among others, quotes from our director general and statements regarding the expected start of production, the range and MSRP of the Fisker Ocean, the company’s future performance and other future events that involve risks and uncertainties. These forward-looking statements are not guarantees of future performance and are subject to risks and uncertainties, which could cause actual results to differ materially from the forward-looking statements contained herein due to numerous factors, including, but not limited to: Fisker’s limited operating history; Fisker’s ability to enter into additional manufacturing and other contracts with Magna, or other OEMs or Tier 1 suppliers to execute its business plan; the risk that OEMs and supplier partners may not meet agreed deadlines or experience capacity constraints; Fisker may experience significant delays in the design, manufacturing, regulatory approval, launch and financing of its vehicles; Fisker’s ability to execute its business model, including market acceptance of its planned products and services; Fisker’s inability to retain key personnel and hire additional personnel; competition in the electric vehicle market; Fisker’s inability to develop a sales distribution network; and the ability to protect its intellectual property rights; and the factors discussed in Fisker’s Annual Report on Form 10-K, as amended, under “Risk Factors,” filed with the Securities and Exchange Commission (the “SEC”), supplemented by quarterly reports on Form 10-Q, and other reports and documents that Fisker files from time to time with the SEC. All forward-looking statements speak only as of the date they are made, and Fisker undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date of this press release.