Fisker announces first Fisker Lounge retail location to open in Shanghai, China

Fisker Inc. (NYSE: FSR) (“Fisker”), driven by a mission to create the world’s most emotional and sustainable electric vehicles, announced that it intends to open its first Fisker Lounge in Shanghai, China, continuing the roll-out of its China business.

“China is an incredibly important market for us,” Chairman and CEO Henrik Fisker said. “We are delivering vehicles in the US and Europe, but our goal since the company was established in 2016 has been to operate as a fully global firm. The EV industry is rapidly growing in China, and we want Fisker to be positioned as one of only two pure foreign EV brands. The Chinese customer deserves as much choice as possible, and we intend to provide it to them.”

Fisker established an office in China in 2022 and earlier this year released additional details on its plans for the country, including the set-up of a delivery center in 2023. The announcement of the Fisker Lounge in Shanghai builds on this strategy, as Fisker Lounges serve existing and future customers by being located in high-traffic retail locations where consumers can experience the Fisker brand and get a closer look at Fisker vehicles.

The company expects to open its Shanghai Lounge in December 2023 or January 2024. The Lounge will be located on Taicang Road.

Fisker is currently delivering the all-electric SUV in the US and Europe. The $68,999[1] Fisker Ocean Extreme has a 113 kWh battery pack (106 kWh usable) and an EPA range of 360 miles[2] on standard 20” wheels and tires, which is the longest range of any new electric SUV in its class[3]. In Europe, the Fisker Ocean Extreme has a WLTP range of 707km/440 UK miles[4] on standard 20” wheels and tires, which is the longest range of any electric SUV sold in Europe today. The all-electric SUV starts at $37,4992 for the Fisker Ocean Sport trim level in the US.

About Fisker Inc.  

California-based Fisker Inc. is revolutionizing the automotive industry by designing and developing individual mobility in alignment with nature. Passionately driven by a vision of a clean future for all, the company is on a mission to create the world’s most sustainable and emotional electric vehicles. To learn more, visit Fiskerinc.com and enjoy exclusive content across Fisker's social media channels: FacebookInstagramTwitterYouTube, and LinkedIn.  

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