Fisker Inc. announced that the company has signed Fisker Miami as a dealer partner, the company's second in Florida after Fisker Jacksonville joined the Dealer Partnership program earlier this year. Fisker now has six dealer partner locations in the US. The company announced a strategic shift to the Dealer Partnership model in January 2024.

In addition to the new US dealer partner, Fisker has signed dealer partners in Hilleord, Denmark, and Innsbruck, Austria, bringing its European total to 12 dealer partners. The company previously signed dealer partners in Austria, France, Germany, Norway, and Switzerland. Price Reductions: On March 27, Fisker announced reductions in the Manufacturer's Suggested Retail Price (MSRP) on many model year 2023 Fisker Oceans in the US.

Fisker lowered the MSRP of the 2023 Ocean Extreme trim by $24,000, to $37,499 from $61,499 MSRP. In addition, the 2023 Ultra trim was priced at $34,999 MSRP, reduced from the prior $52,999; and the 2023 Sport was priced at $24,999 MSRP, reduced From the prior $38,999.1 MSRP reductions on 2023 model year vehicles went into effect March 29, 2024, and Fisker has announced similar reductions in Canada and Europe. The Fisker Ocean SUV: The Ocean Extreme has an EPA-estimated range of 360 miles2, the longest range of any new electric SUV in its segment sold in the United States3 and a WLTP range of 439 miles /707 km4, the longest range of any electric SUV in its segment on the European market today.

The Fisker Ocean Extreme has the lowest published carbon footprint of any electric SUV, uses over 110 lbs./50 kg. of recycled and bio-based materials, is built at a carbon-neutral facility, and integrates rooftop solar panels, adding up to 1,500 miles/2400 km per year of range. Estimated pricing shown applies to the continental US and excludes delivery, finance, tax, title, registration, and other government fees.

Such forward-looking statements are not guarantees of future performance or future events and are subject to risks and uncertainties, which could cause actual results to differ materially from the forward-looking statements contained herein due to many factors, including, but not limited to: Fisker's limited operating history; Fisker's ability to continue as a going concern; Fisker' ability to enter into additional manufacturing and other contracts with Magna, OEMs, or tier-one suppliers in order to execute on its business plan; the risk that OEM and supply partners do not meet agreed-upon timelines or experience capacity constraints; Fisker may experience significant delays in the design, manufacture, regulatory approval, launch and financing of its vehicles; Fisker's ability To execute its business model, including market acceptance of its planned products and services; Fisker's inability to retain key personnel and to hire additional personnel; competition in the electric vehicle market; Fisker's inabilityto develop a sales distribution or dealership network; and the ability to protect its intellectual property rights; and those factors discussed in Fisker's Annual Report on Form 10-K, under the heading "Risk Factors", filed with the Securities and Exchange Commission (the "SEC"), as supplemented by Quarterly Reports on Form 10-Q, and other reports and documents Fisker files from time time and documents Fisker files for the Company's Annual Report on Form 10.