Fisker Exceeded Targeted Assembly Rate Of 80 Units Per Day At The End Of June

RTTNews | 1171 days ago
Fisker Exceeded Targeted Assembly Rate Of 80 Units Per Day At The End Of June

(RTTNews) - Electric vehicles maker Fisker, Inc. (FSR) announced Friday its vehicle production volume for the second quarter of 2023.

In the second quarter of this year, 1,022 of the class-leading Fisker Ocean SUVs were produced in Austria for customers as well as marketing and engineering purposes.

Fisker said it exceeded its targeted assembly rate of 80 units per day at the end of June and expects vehicles produced to exceed 1,400 in early July.

Looking ahead, Fisker is investing in additional battery pack capacity to protect the compressed manufacturing timeline this year and support higher volumes than originally anticipated next year.

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Fisker Says It Is Fully Cooperating With NHTSA On Reported Braking Issues

Fisker Says It Is Fully Cooperating With NHTSA On Reported Braking Issues

Fisker Inc. (FSR) said Friday reacted to the National Highway Traffic Safety Administration (NHTSA) Office of Defects Investigation's (ODI) Preliminary Evaluation of reported braking issues with the 2023 Fisker Ocean saying, "Fisker is fully cooperating with NHTSA on this matter."
RTTNews | 975 days ago
Australian Market Trims Early Losses In Mid-market

Australian Market Trims Early Losses In Mid-market

The Australian stock market is trimming its early losses in mid-market trading on Monday, extending the slight losses in the previous session, following the mixed cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is falling well below the 8,750.00 level, with weakness in mining stocks partially offset by gains in financial stocks. Most other sectors were mixed.
RTTNews | 1h 44min ago
Asian Markets Trade Mostly Higher

Asian Markets Trade Mostly Higher

Asian stock markets are trading mostly higher on Monday, following the mixed cues from Wall Street on Friday, as crude oil prices continued to fall amid signs of increased diplomatic efforts to resolve the conflict and restore energy flows in the Middle East, easing concerns over global inflation and the prospect of further interest rate hikes. Asian markets closed mostly higher on Friday.
RTTNews | 1h 49min ago
Indian Shares Set For Cautious Open

Indian Shares Set For Cautious Open

Indian shares may open flat to slightly lower on Monday despite gains elsewhere across Asia and higher U.S. equity futures as oil prices fell for a fourth day amid ongoing diplomatic efforts to end the U.S.-Iran conflict.
RTTNews | 2h 17min ago
Rally May Stall For Thai Stock Market

Rally May Stall For Thai Stock Market

The Thai stock market has moved higher in back-to-back sessions, collecting more than 20 points or 1.4 percent in that span. The Stock Exchange of Thailand now sits just above the 1,580-point plateau although it may ebb on Monday.
RTTNews | 3h 3min ago
Indonesia Stock Market Has Flat Lead For Monday

Indonesia Stock Market Has Flat Lead For Monday

The Indonesia stock market headed south again on Friday, one day after halting the six-day losing streak in which it had tumbled more than 250 points or 3.8 percent. The Jakarta Composite Index now sits just above the 6,440-point plateau and it figures to see little movement again on Monday.
RTTNews | 3h 33min ago
Australian Markets Slightly Lower

Australian Markets Slightly Lower

The Australian stock market is slightly lower on Monday, extending the slight losses in the previous session, following the mixed cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is falling well below the 8,750.00 level, with weakness in mining stocks and a mixed performance in most other sectors.
RTTNews | 3h 39min ago