Fisker Announces Fisker Finance℠, Providing Seamless Financing Options for Customers; Reaffirms Nomination of Retail Financing Partners
07 Julho 2022 - 7:30AM
Business Wire
- Digital financing program aligns with launch of Fisker Ocean in
November 2022
- Fisker reaffirms nomination of Chase in the US and Santander
Consumer Finance in Europe as Fisker's retail financing partners,
with more announcements to come
- Retail loan options include vehicle, accessories and home
charging equipment financing
Fisker Inc. (NYSE: FSR) ("Fisker") – passionate creator of the
world's most sustainable electric vehicles and advanced mobility
solutions – today announced Fisker Finance℠, a digital financing
platform offering seamless and convenient loan purchase options1 to
Fisker customers. The company also reaffirmed the nomination of
Chase2 in the US and Santander Consumer Finance in Europe as retail
financing partners, as noted in its February 2022 earnings release,
with more announcements to come.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20220707005302/en/
Fisker Inc. – passionate creator of the
world's most sustainable electric vehicles and advanced mobility
solutions – today announced Fisker Finance℠, a digital financing
platform offering seamless and convenient loan purchase options to
Fisker customers. The company also reaffirmed the nomination of
Chase in the US and Santander Consumer Finance in Europe as retail
financing partners, as noted in its February 2022 earnings release,
with more announcements to come. The digital financing program
aligns with launch of the Fisker Ocean in November 2022. (Photo:
Business Wire)
Starting with buyers of the class-leading, limited edition
all-electric, five-passenger Fisker Ocean One, the Fisker Finance℠
direct-to-consumer digital platform will enable customers to apply
for vehicle financing, receiving competitive, personalized
decisions, plus the ability to finance vehicle accessories such as
home charging equipment and factory-installed accessories.
Production of the Fisker Ocean is on track starting November 2022
at a carbon-neutral factory in Austria.
“Fisker is a digital car company, first and foremost, focused on
a seamless customer experience at every step. Providing finance
options on our digital platform, including financing
factory-installed options, is part of providing our customers with
a completely hassle-free experience respectful of their time,” says
Fisker Chairman and CEO Henrik Fisker. “We also aim to provide
insurance on our digital platform as we designed and engineered the
Fisker Ocean with affordable premiums in mind. The Fisker Ocean One
will stand out with all its unique standard options and
features.”
Customers will be able to navigate the digital loan process at
their own pace. Starting with the credit application on
fiskerinc.com or Fisker’s app, applicants can select a retail
financing structure that best fits their needs. Customers will be
able to review their financing details and electronically sign
documents online. Following vehicle delivery, Fisker owners can
digitally access their account, make payments and obtain
personalized customer support.
On July 1, Fisker began offering early reservation holders in
select markets the opportunity to secure a Fisker Ocean One by
committing to a $5,000 USD deposit.3
This pre-order deposit allows Fisker to plan its manufacturing
build more accurately, as customers provide information regarding
their desired specifications, including exterior and interior
colors and accessories. As Fisker schedules production of each
vehicle, Fisker Ocean One buyers will finalize pre-order
specifications, and the company will assign a specific number
ranging from #1 to #5000 to each limited-edition vehicle.
The response to the Fisker Ocean One pre-ordering is extremely
positive, and the company is progressing well towards selling out
of this exclusive launch edition. Reservation holders opting out of
the Fisker Ocean One remain in line for future versions of the
emissions-free Fisker Ocean SUV.
Fisker Finance℠ plans to begin offering financing in the fourth
quarter of 2022. Fisker expects to nominate financing partners in
additional regions, with more announcements to come.
About Fisker Inc.
California-based Fisker Inc. is revolutionizing the automotive
industry by developing the most emotionally desirable and
eco-friendly electric vehicles on Earth. Passionately driven by a
vision of a clean future for all, the company is on a mission to
become the No. 1 e-mobility service provider with the world's most
sustainable vehicles. To learn more, visit www.FiskerInc.com – and
enjoy exclusive content across Fisker's social media channels:
Facebook, Instagram, Twitter, YouTube and LinkedIn.
Download the revolutionary new Fisker mobile app from the App
Store or Google Play store.
Forward-Looking Statements
This press release includes forward-looking statements, which
are subject to the "safe harbor" provisions of the US Private
Securities Litigation Reform Act of 1995. These statements may be
identified by words such as "feel," "believes," expects,"
"estimates," "projects," "intends," "should," "is to be," or the
negative of such terms, or other comparable terminology and
include, among other things, the timing of the launch of the Fisker
Ocean One, the expected timing of the offering of Fisker Finance℠,
the planned nomination of additional financing partners, the
Company's future performance and other future events that involve
risks and uncertainties. Such forward-looking statements are not
guarantees of future performance and are subject to risks and
uncertainties, which could cause actual results to differ
materially from the forward-looking statements contained herein due
to many factors, including, but not limited to: Fisker's limited
operating history; Fisker's ability to enter into additional
manufacturing and other contracts with Magna or tier-one suppliers
in order to execute on its business plan; the risk that OEM and
supply partners do not meet agreed upon timelines or experience
capacity constraints; Fisker may experience significant delays in
the design, manufacture, regulatory approval, launch and financing
of its vehicles; Fisker's ability to execute its business model,
including market acceptance of its planned products and services;
Fisker's inability to retain key personnel and to hire additional
personnel; competition in the electric vehicle market; Fisker's
inability to develop a sales distribution network; and the ability
to protect its intellectual property rights; and those factors
discussed in Fisker's Annual Report on Form 10-K, under the heading
"Risk Factors," filed with the Securities and Exchange Commission
(the "SEC"), as supplemented by Quarterly Reports on Form 10-Q, and
other reports and documents Fisker files from time to time with the
SEC. Any forward-looking statements speak only as of the date on
which they are made, and Fisker undertakes no obligation to update
any forward-looking statement to reflect events or circumstances
after the date of this press release.
1 Subject to approval. Terms and conditions apply. This is not a
commitment to lend. Program, rates, terms, and conditions are
subject to change without notice. 2 JPMorgan Chase Bank, NA will
decide, originate, and service loans for Fisker customers in the US
under the licensed program name, Fisker Finance℠. 3 (or approximate
local currency equivalent)
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version on businesswire.com: https://www.businesswire.com/news/home/20220707005302/en/
Contact: US Media: Fisker@GODRIVEN360.com European Media:
Press.europe@fiskerinc.com Fisker Inc. Communications:
Matthew DeBord Sr. Director, Communications Strategy &
Storytelling mdebord@fiskerinc.com Rebecca Lindland Director,
Communications rlindland@fiskerinc.com Investor Relations:
Frank Boroch, VP of Investor Relations fboroch@fiskerinc.com
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