Magna begins production of Fisker Ocean EV in Austria

Production of the Fisker Ocean has begun as planned at supplier Magna Steyr's Austrian factory, Fisker announced at the 2022 Los Angeles Auto Show. This paves the way for its planned U.S. launch as a 2023 model.

Magna begins production of Fisker Ocean EV in Austria
Magna begins production of Fisker Ocean EV in Austria
Magna begins production of Fisker Ocean EV in Austria
Magna begins production of Fisker Ocean EV in Austria
Magna begins production of Fisker Ocean EV in Austria
Magna begins production of Fisker Ocean EV in Austria


The electric SUV was announced at the 2020 Consumer Electronics Show before Fisker settled on a platform for the vehicle. After a failed attempt to use Volkswagen's MEB platform, Fisker partnered with Magna for engineering and production at the company's plant, which also makes the Jaguar I-Pace. Fisker then brought a prototype version to the L.A. show. in 2021 and promised to start production a year later, on November 17, 2022 – a goal that Magna has now met.

The Ocean will be offered in Sport, Ultra and Extreme versions. Fisker at its event in L.A. in 2021, it said the base single-motor, front-wheel-drive Sport would start at $37,499 and use CATL's lithium-iron phosphate (LFP) batteries with an estimated range of 250 miles. It also claimed 275 horsepower and a 6.9-second 0 -60 mph.

Other models use nickel-cobalt-manganese (NMC) cells, also from CATL, and twin-motor powertrains with all-wheel drive. The Ultra is quoted for a range of 340 miles, 540 horsepower and a 0-60 mph time of 3.9 seconds. The top-of-the-line Extreme version aims for 350 miles of range, 550 horsepower and 0-60 mph in 3.6 seconds. This model, which starts at $68,999, also gets most of the Ocean's signature features, including a 17.1-inch swivel screen, a solar roof, and a California mode that ditches all the windows while opening the roof for maximum airiness.

The first 5,000 Oceans will be special edition Ocean Ones based on the Extreme trim level, but with unique styling cues such as 22-inch F3 SlipStream wheels and Big Sur Blue paint. All 5,000 sold out in 30 days, with customers putting down a $5,000 deposit to secure one. Fisker claims to have more than 63,000 Ocean reservations in total.

In fact, demand for the ocean has been so strong that Fisker may already be considering ramping up production. In August, Fisker reportedly sought to expand volume beyond the originally discussed maximum of 50,000 units, starting with the Magna and potentially including a second manufacturing plant – possibly in the US.

It wouldn't be the first Fisker EV designed for American production. The company tapped Foxconn to build a more affordable model called the Pear in Ohio starting in 2024. Fisker also recently disclosed that it plans to share the Ocean and Pear platforms with other automakers and sell regulatory emission credits.

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