Fisker unveiled the production version of its Ocean electric SUV on a pier in its home town of Manhattan Beach, California, on Tuesday night ahead of its debut at the L.A. Auto Show on Wednesday.
The compact SUV is scheduled to be built for Fisker by contract manufacturer Magna at its Graz, Austria, facility starting on Nov. 17, 2022, on a battery-powered platform developed by Magna.
Additional details, including estimated range per charge, are expected to be released during the auto show press conference scheduled for 9:15 a.m. PT.
Fisker went public through a SPAC merger in October 2020 and has seen its share price increase more than 60% over the past month as part of a broader rise in electric vehicle stocks coinciding with rival Rivian's IPO.
Along with the Ocean, Fisker is also developing a less expensive vehicle called the PEAR that has not yet been revealed but is planned to be produced for it by Foxconn at the Ohio factory the Taiwanese electronics company has purchased from Lordstown Motors, starting by the end of 2023.