"Fisker Shifts Gears with No-Haggle Dealership Partnerships to Accelerate EV Sales"

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Source: Reuters.com
"Fisker Shifts Gears with No-Haggle Dealership Partnerships to Accelerate EV Sales"
Photo: Reuters.com
TL;DR Summary

Fisker, an electric vehicle company, is expanding its sales strategy by incorporating dealerships into its distribution model, aiming to boost sales and delivery of its vehicles. The company plans to add up to 50 dealer partners in the US and Canada, as well as a similar number in Europe, to complement its existing direct-to-customer approach. This move comes as Fisker seeks to address distribution constraints that limited its deliveries to about 4,700 units of the Ocean SUVs, despite producing over 10,000 vehicles in 2023. The first Ocean vehicles are expected to reach new dealers by the end of the first quarter.

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