
At a time when troubled electric vehicle startup Fisker is looking for a life raft to stay afloat in 2024, the company hired to build its Ocean crossover doesn’t seem terribly optimistic about its prospects.
Magna International, the contract auto manufacturer that builds the Fisker Ocean, doesn’t expect to build the electric crossover anymore this year. During a recent earnings call, CEO Swami Kotagiri revealed that Magna had to adjust its outlook for 2024 after “assuming no additional Fisker Ocean production and lower sales on program delays and mix.”
h/t Mauser
