Fisker Announces Extreme Vigyan Limited Edition For India Market; Fisker Will Produce 100 Fisker Extreme Vigyan Edition All-Electric SUVs For The India Market; To Complete The Homologation Process For India By September And To Commence Deliveries In Q4
Portfolio Pulse from Happy Mohamed
Fisker Inc. (NYSE:FSR) plans to produce 100 Fisker Extreme Vigyan Edition all-electric SUVs for the Indian market. The company expects to complete the homologation process by September and commence deliveries in Q4 2023. The pricing in India will align with European pricing. The Fisker Ocean Extreme Vigyan Edition is named after the company's India subsidiary.
July 17, 2023 | 1:10 pm
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POSITIVE IMPACT
Fisker's announcement to produce 100 all-electric SUVs for the Indian market could potentially increase its market share and revenues.
Fisker's entry into the Indian market, the world's third-largest automotive market, with a limited edition all-electric SUV could potentially increase its market share and revenues. The company's plan to align the pricing with European pricing could also attract customers.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Fisker's entry into the Indian market could potentially impact the Indian automotive market and the INDA ETF.
Fisker's entry into the Indian market could potentially impact the Indian automotive market and the INDA ETF, which tracks the Indian market. The company's plan to produce 100 all-electric SUVs could potentially increase the demand for electric vehicles in India.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80