Shares of Fisker Inc. (NYSE:FSR) surged by more than 10% in pre-market trading Friday morning after the electric automaker announced a plan to accelerate sales and deliveries. Fisker also revealed plans to expand the number of test-drive events held in both the U.S. and Europe, as the automaker noted higher sales rates after customers experienced the Fisker Ocean vehicles firsthand.
Furthermore, Fisker reported the delivery of approximately 4,700 electric vehicles (EVs), marking a notable increase of over 300% from the 3Q to the 4Q. They attributed the surge in deliveries to successfully overcoming supply chain challenges stemming from the COVID-19 pandemic.
“We became a revenue-generating company in 2023, but we also faced numerous challenges. Emerging from COVID-19 created several issues for our supply chains, but we have largely overcome them,” said CEO Henrik Fisker
Fisker opened flagship Lounges in Los Angeles, New York City, London, and Munich, along with several delivery and service spots in the US and Europe. They're partnering to improve deliveries and tackling real estate shortages.
Additionally, a customer call center (1-844-FISKER1 in the US and similar lines in Europe) has been established for better service.
“I am looking forward to a year of new milestones and opportunities for the Fisker brand and everyone on our team.” Fisker added.
Shares of FSR are up 11.9% in pre-market trading Friday morning.