Fisker launches electric vehicle development division in UK

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Ocean, Fisker’s first vehicle, will cost $ 37,499.

Fisker Inc. is launching a UK specialty vehicle engineering and development division to be led by David King, former director of special operations at Aston Martin Lagonda Ltd.

Called Fisker Magic Works, the division intends to focus on “low volumes,
Vehicle development programs and specialty versions’ of Fisker’s product portfolio, according to the Manhattan Beach-based electric automaker.


“We are at full speed to deliver four distinct vehicle lines by 2025, advancing innovation and pushing radical new ideas into the global automotive market,” Managing Director Henrik Fisker said in a statement. “The Fisker Magic Works gives us the opportunity to create durable and fantastic vehicles outside the boundaries of established industry segments.


“Inviting David King further strengthens our engineering and design expertise, and I have already entrusted him with two exciting projects that will showcase our ability in highly specialized materials and technologies designed specifically for the environmentally conscious automotive enthusiast. “, did he declare.


King, who was previously chairman of Aston Martin Racing, has worked on several rapid development platform sharing projects with Ford, Jaguar and Daimler – an experience “particularly relevant to Fisker’s compressed and lightweight timeline philosophy,” according to the company.


“This is an incredibly exciting opportunity to create a new engineering center dedicated to bringing incredible ideas to life,” King said in a statement.
Ocean, Fisker’s first vehicle, is expected to roll off the assembly line in November 2022. It will be manufactured by Canadian company Magna International Inc.
neutral installation in Graz, Austria. The electric vehicle will be available for monthly rental or at the list price of $ 37,499.


Fisker also signed a memorandum of understanding with Hon Hai Technology Group, better known as Foxconn, to jointly develop a Project Personal Electric Automotive Revolution vehicle, also known as Project Pear, which will be built by Foxconn and sold. under the Fisker brand in North America, China and Europe.


The Taiwan-based company, which also makes iPhones for Apple Inc., announced on October 1 that it would acquire the 6.2 million square foot manufacturing plant from Lordstown Motors Corp. in Ohio for $ 230 million. She will use the facility to build the Lordstown Endurance, a full-size electric pickup truck. The former General Motors Co. production plant, acquired by Lordstown in 2019, will also serve as a “go-to-market asset” to develop Fisker vehicles, according to Foxconn.

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