Fisker Revised Production Plans

Fisker, which has made a name for itself in the electric car industry, has changed its production plans. The company, which will produce fewer vehicles in December, also lowered its year-end targets. The reason for this decision is to increase working capital.

Fisker made an official statement and announced that it has revised its production plans. The statement included the following statements:

“Fisker will focus on creating liquidity by lowering production targets in December. “With this decision, we aim to create capital of 300 million dollars.”

Fisker Reduces Year-End Target to 10.000 Units

Fisker planned to produce between 13.000 and 17.000 vehicles this year. However, with the latest announcement, this target was reduced to 10.000 units. Fisker delivered only 123 electric cars last Thursday.

Fisker is one of the brands that entered the electric car industry after the success of Tesla. The company, which offers its SUV model called Ocean for sale in the USA, recently introduced the production version of its new model called Pear.

Fisker Increases Losses

Although Fisker is trying to compete in the electric car industry, things do not seem to be going so well. The company generated $71.8 million in revenue in the third quarter of the year. However, despite this, it entered the last quarter of the year with a loss of 91 million dollars. Fisker, which has also reduced its production targets, faces the risk of closing 2023 with a loss.

Fisker aims to increase working capital by revising its production plans. But will this decision be enough for the future of the company? The answer to this question zamthe moment will show.