Categories: Europe

Fisker will provide as much as 700 automobiles to UK-based startup in 2023

Electrical-vehicle maker Fisker stated it has signed an settlement with UK-based Onto, an electric-car subscription service, to ship as much as 700 automobiles in 2023.

Fisker will provide right-hand drive variations of the Ocean SUV to Onto, which the UK firm will then supply on a month-to-month subscription.

Fisker had stated in December that Magna Worldwide would initially manufacture its first automobile, Ocean SUV, at its Magna Steyr unit in Austria.

Manufacturing is on observe to start out within the fourth quarter of subsequent yr, Fisker reiterated on Tuesday, and it’ll present the ultimate manufacturing model in November on the Los Angeles auto present.

The deal comes days after Fisker stated it had finalized its vehicle-assembly settlement with Foxconn Expertise, together with plans to open a U.S. plant in 2023.

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