Fisker Ocean: Battling Technical Issues and Financial Challenges

Fisker Ocean: Battling Technical Issues and Financial Challenges

07 March 2024

Fisker Ocean: Battling Technical Issues and Financial Challenges

 

Technical Glitches and Digital Bugs

The Fisker Ocean, touted as a revolutionary and affordable electric SUV, is plagued by a series of technical problems causing headaches for its owners. From malfunctioning sensors to spontaneously opening motor hoods and sudden power outages, the list of complaints continues to grow. TechCrunch even reports a looming danger of draining 12V batteries due to excessive power consumption by the central control box and/or the heat pump.

Belgium's Silent Witnesses

While the Fisker Ocean is sold worldwide, including in Belgium where a few units have been registered, it's still unclear whether Belgian owners are experiencing the same issues.

Financial Storm Clouds and a Quest for Rescue

The sales figures of the Fisker Ocean remain significantly below expectations, with only half of the 10,000 units produced finding an owner. Fisker Inc. reported a loss of 428 million euros in the last quarter of 2023. To survive, the company announced the dismissal of 15% of its staff and is seeking new investors. Without fresh funding, the end of the year could be out of reach for Fisker Inc.

Potential Collaboration and Lifelines

Rumors abound about Nissan's interest in Fisker's technology, potentially leading to collaboration for future vehicles. For Henrik Fisker, the visionary designer behind the Ocean, this is not his first trial. After disappointments with Fisker Automotive, he founded Fisker Inc. in 2016, with the ambition to conquer the market with the Ocean. With partners like Magna Steyr on board, renowned for producing premium cars, the future seemed promising.

Software Shipwreck and Reputation Damage

While the Ocean was initially welcomed with enthusiasm by thousands of customers worldwide, many are now facing issues, primarily in the software domain. The exact cause of these problems remains unclear, but the reputation damage for Fisker Inc. is significant.