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Fisker Soars with Vehicle Deliveries in Europe in Sight

Fisker Soars with Vehicle Deliveries in Europe in Sight

Shares of EV maker Fisker (NYSE:FSR) are racing ahead today after the company’s Fisker Ocean SUV received certification for sale in Europe.

The company’s Chairman and CEO, Henrik Fisker commented, “Our first delivery is expected for May 5. After that, we intend to deliver all Ocean Ones by the end of September while also initiating some deliveries of the Fisker Ocean Extreme, starting in Europe with the U.S. to follow.”

Impressively, the company has received a WLTP certification of up to 707 kilometers for the Fisker Ocean extreme in Europe. This is the longest range for an electric SUV in the European region at present and Mr. Fisker added that this has resulted in higher reservations in Europe.

Today’s price gains further build up on the 10.6% rise in Fisker shares over the past five sessions. Nonetheless, shares of the company are still down about 53% over the past year.

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