Fisker announces new distribution strategy

Fisker announced that it delivered 107 vehicles on Thursday, Nov. 16. The company achieved this milestone by executing a new distribution strategy. This one-day total of deliveries equates to revenue of over $7.5M. “This result proves that our new distribution strategy is working,” Chairman and CEO Henrik Fisker said. “We expect this pace of deliveries to accelerate, and we will provide frequent updates during the remainder of 2023. We are grateful to our customers for their patience as we conduct this ramp-up.” Fisker has strategically improved its capabilities by establishing its own delivery locations globally, staffed by ever-growing numbers of Fisker employees. The company has also added multiple transportation logistics partners to quickly move Fisker Oceans to delivery locations so that they can be delivered to customers more rapidly. Customers who live within 60 miles of a Fisker fulfillment location can have their vehicle delivered through Fisker Direct, where a Fisker employee drives their Ocean directly to them for delivery, eliminating use of a vehicle transport. Fisker has increased overall process agility; many customers receive their car within four to seven days of completing their purchase, and in some cases on the same day when choosing the vehicle pickup option.