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EV Startup Fisker in Talks With Volkswagen to Use Parts for SUV

Fisker’s Ocean electric SUV

Fisker’s Ocean electric SUV

Photographer: Bridget Bennett/Bloomberg
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Fisker Inc. said it is in talks with German auto giant Volkswagen AG to use key vehicle parts, including a battery, in an electric SUV scheduled to begin production in 2022.

The startup said in an investor presentation filed Monday with the Securities Exchange Commission that it plans to use VW’s modular electric-drive matrix, or MEB, platform to cut costs and halve development time for its debut model, the Ocean sport utility vehicle. It also will adopt that automaker’s battery technology to power the SUV.