Fisker Inc. announced that it delivered 107 vehicles on Thursday, crossing the 100 mark for the first time after executing a new distribution strategy. This one-day total of deliveries equates to revenue of over $7.5 million.
“This result proves that our new distribution strategy is working,” Chairman and CEO Henrik Fisker said. “We are grateful to our customers for their patience as we conduct this ramp-up.”
Fisker has strategically improved its capabilities by establishing its own delivery locations globally, staffed by ever-growing numbers of Fisker employees. The company has also added multiple transportation logistics partners to quickly move Fisker Ocean EVs to delivery locations so that they can be delivered to customers more rapidly.
Customers who live within 60 miles of a Fisker fulfillment location can have their vehicle delivered through Fisker Direct, where a Fisker employee drives their Ocean directly to them for delivery, eliminating use of a vehicle transport.
Fisker has increased overall process agility; many customers receive their car within four to seven days of completing their purchase, and in some cases on the same day when choosing the vehicle pickup option.
Earlier this week, the company slashed its production target for the year to 13,000 to 17,000 vehicles, from 20,000-23,000 units to avoid accumulation of inventory and better manage working capital.
“We expect this pace of deliveries to accelerate, and we will provide frequent updates during the remainder of 2023,” CEO Henrik Fisker said.