Fisker announced its vehicle production volume for Q2 2023. In the second quarter of this year, 1,022 of the Fisker Ocean SUVs were produced in Austria for customers as well as marketing and engineering purposes. A few suppliers had challenges ramping to the targeted 2Q levels, as they did not receive components from sub-suppliers in a timely manner. The company is focused on working with all suppliers to ramp to the required volumes. Fisker exceeded its targeted assembly rate of 80 units per day at the end of June and expects vehicles produced to exceed 1,400 in early July. Looking ahead, Fisker is investing in additional battery pack capacity to protect the compressed manufacturing timeline this year and support higher volumes than originally anticipated next year.
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