Fisker shares are trading higher after the company announced the Ocean Extreme achieved an EPA range of 360 miles and has received both an EPA Certificate of Conformity and a California Air Resources Board Executive Order, approving it for sale in the US.
Portfolio Pulse from Benzinga Newsdesk
Fisker announced that its Ocean Extreme model achieved an EPA range of 360 miles and received approvals from the EPA and California Air Resources Board, allowing it for sale in the US.
June 01, 2023 | 12:58 pm
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Fisker shares are trading higher after the Ocean Extreme received EPA and California Air Resources Board approvals, allowing it for sale in the US.
Fisker's Ocean Extreme model received key regulatory approvals, which will allow it to be sold in the US. This positive news is likely to boost investor confidence in the company's ability to deliver on its promises and expand its market presence, leading to a short-term increase in FSR's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100