Fisker, the sustainable electric vehicle maker, landed its first major order today following a partnership with Austrian automaker Magna Steyr last week
According to the press release released today, Viggo – a Scandinavian rideshare company – has ordered 300 units of the Ocean SUV:
Fisker set to formalize merger deal with Spartan Energy Acquisition (SPAQ) even as relentless drop in PSPC shares increases risk of deal breaking
« [Viggo] will expand to Norway in 2021 and Fisker Ocean’s 300 all-electric luxury SUVs, due for delivery in Q4 2022, will be an integral part of its Scandinavian expansion Viggo focuses on business users and has brought many large multinational companies into its customer / user base «
« Fisker recently announced a strategic cooperation with Magna International to support the co-development and manufacture of the Fisker Ocean SUV, scheduled for launch in the fourth quarter of 2022 The Ocean will be assembled by Magna in Europe and is on the point of providing first-rate range, functional interior space with third row seats and overall vehicle performance «
Fisker Ocean Electric fleet orders !! After announcing that we have a high quality manufacturing partner; 300 orders in one go! We are in talks with several large groups to sign up and be one of the first to get a fleet of Ocean EV vehicles: #fisker #EV #fleet https: // tco / zJrrDOtG8r
Each Ocean SUV is expected to cost around $ 37,499, today’s order includes $ 1125 million in potential revenue for Fisker
As previously mentioned, on October 15, the company formalized its partnership with Austrian automaker Magna Steyr Fahrzeugtechnik for the production of its Ocean electric SUV.Keep in mind that the first indication of this cooperation came about two months when we reported that Fisker had signed a memorandum of understanding with Magna Steyr According to the press release issued on the occasion, Fisker will leverage Magna Steyr’s FM29 EV platform « to deliver top-notch battery life , interior space with third-row seats and overall vehicle performance « Additionally, the company is trying to retail its signature Ocean SUV for $ 37,499 while lowering overall manufacturing costs
Fisker formalized its strategic cooperation agreement with Magna Steyr, causing a modest increase in the shares of Spartan Energy Acquisition (SPAQ)
In addition, investors continue to await news of any progress on Fisker’s ongoing negotiations with European auto giant Volkswagen (VW) to secure access to the platform VW Modular Electric Transmission Matrix (SEM) for the Ocean SUV A definitive result on this front is expected before the end of 2020
We noted earlier today that the relentless drop in the share price of Spartan Energy Acquisition Corp (NYSE: SPAQ) – a Special Purpose Acquisition Company (SPAC) – could threaten the proposed merger with Fisker As a reminder, the two entities are expected to formalize their business combination on October 28, paving the way for the listing of the merged company’s shares on the New York Stock Exchange We found that PSPC’s stock price approached dangerously close to its net asset value (NAV) of $ 1032, based on $ 569.592 million held in trust and 552 million shares issued upon IPO. on the Spartan Stock Exchange If the share price falls below the NAV of SPAC, it can lead to massive investor buybacks However, as a result of this most recent development, Spartan shares have surged higher, currently trading around the $ 11 96 price level Nonetheless, the threat we identified previously remains an extreme risk, given that the current share price is just a little over 15 percent higher by compared to threshold
Fisker Inc, Fisker Automotive, Electric Vehicle, Henrik Fisker
World News – United States – Fisker Wins First Major Order As Viggo Signs Acquisition Agreement of 300 units of the Ocean SUV
