Electric Vehicles
EV Startup Fisker Seeks US Production Site to Make Its Cars Eligible for Subsidies
- Looking at options for US Ocean production as early as 2024
- Carmaker may buy plant or team up with partner Magna
The Fisker Inc. logo sits on an Ocean electric sports utility vehicle in Las Vegas, Nevada.
Photographer: Bridget Bennett/BloombergThis article is for subscribers only.
Fisker Inc. is accelerating the search for a US production site for its Ocean SUV after the White House announced plans to focus electric-car subsidies on those made in North America.
The company is considering a range of options, including buying a factory or extending its partnership with Magna International Inc., Chief Executive Officer Henrik Fisker said Monday at the Paris auto show. The EV startup is on track to start making the Ocean at Magna’s plant in Austria next month, he said.