Fisker Targets Chinese Market Even As It Kickstarts US Deliveries On June 23
Portfolio Pulse from Anan Ashraf
Fisker Inc plans to start delivering Fisker Ocean SUVs in China by Q1 2024, targeting the growing premium and affordable luxury EV segment. The company is set to deliver its first vehicle in the U.S. on June 23 and sees China as an important growth market.
June 10, 2023 | 5:53 am
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Fisker's expansion into the Chinese market with Ocean SUV deliveries by Q1 2024 could boost the company's growth and stock price.
Fisker's announcement to target the Chinese market, which represents a third of global vehicle sales, indicates a significant growth opportunity for the company. As Fisker expands its presence in China, it could lead to increased demand for its vehicles and potentially boost its stock price in the short term.
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