Fisker Exceeded Targeted Assembly Rate Of 80 Units Per Day At The End Of June

RTTNews | 822 days ago
Fisker Exceeded Targeted Assembly Rate Of 80 Units Per Day At The End Of June

(RTTNews) - Electric vehicles maker Fisker, Inc. (FSR) announced Friday its vehicle production volume for the second quarter of 2023.

In the second quarter of this year, 1,022 of the class-leading Fisker Ocean SUVs were produced in Austria for customers as well as marketing and engineering purposes.

Fisker said it 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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Fisker Says It Is Fully Cooperating With NHTSA On Reported Braking Issues

Fisker Says It Is Fully Cooperating With NHTSA On Reported Braking Issues

Fisker Inc. (FSR) said Friday reacted to the National Highway Traffic Safety Administration (NHTSA) Office of Defects Investigation's (ODI) Preliminary Evaluation of reported braking issues with the 2023 Fisker Ocean saying, "Fisker is fully cooperating with NHTSA on this matter."
RTTNews | 626 days ago
Australian Market Extends Early Losses In Mid-market

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The Australian stock market is extending its early losses in mid-market trading on Tuesday, also adding to the slight losses in the previous session, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying well below the 9,000 mark, with weakness in financial and technology stocks as well as a mixed performance across other sectors.
RTTNews | 2h 8min ago
Asian Markets Trade Mostly Higher

Asian Markets Trade Mostly Higher

Asian stock markets are trading mostly higher on Tuesday, following the mixed cues from Wall Street overnight, with mainland China, Hong Kong and South Korean markets closed for holidays. Traders have reinforced bets on an additional rate cut by the U.S. Fed this October amid the ongoing government shutdown in the U.S. Asian markets closed mostly lower on Monday.
RTTNews | 2h 25min ago
Sensex, Nifty Seen Opening On Flat Note

Sensex, Nifty Seen Opening On Flat Note

Indian shares look set to open on a sluggish note on Tuesday, with rising oil prices, continued capital outflows and concerns over U.S. trade policies likely to trigger some profit taking after big gains in the previous session.
RTTNews | 2h 49min ago
Soft Start Seen For Thai Stock Market

Soft Start Seen For Thai Stock Market

The Thai stock market on Monday snapped the three-day winning streak in which it had climbed almost 20 points or 1.6 percent. The Stock Exchange of Thailand now sits just above the 1,285-point plateau and it may tick lower again on Tuesday.
RTTNews | 3h 55min ago
Japanese Market Notably Higher

Japanese Market Notably Higher

The Japanese stock market is trading notably higher on Tuesday, extending the gains in the previous three sessions, following the mixed cues from Wall Street overnight. The Nikkei 225 is moving above the 48,150 level, with gains in automaker stocks and a mixed performance across most other sectors.
RTTNews | 4h 8min ago
Win Streak May End For Indonesia Stock Market

Win Streak May End For Indonesia Stock Market

The Indonesia stock market has moved higher in three straight sessions, advancing almost 100 points or 1.2 percent along the way. The Jakarta Composite Index sits just beneath the 8,140-point plateau although it's likely to open under water on Tuesday.
RTTNews | 4h 25min ago