Fisker, an electric vehicle company, has launched a new direct-to-consumer online financing platform digital finance program with JPMorgan Chase Bank in the United States, which will support its direct-to-consumer digital sales strategy. Customers in the United States may arrange auto finance for the Fisker Ocean electric SUV, the company’s debut model, totally online thanks to its retail financing collaboration with JPMorgan Chase Bank.
EV startup Fisker Inc, like Tesla and Polestar, will not have a network of conventional dealers to advertise and sell its battery-powered automobiles. Fisker sells its automobiles exclusively online, even via its smartphone app.
Fisker has now unveiled a new direct-to-consumer online financing program in the United States with JPMorgan Chase Bank to complement its digital sales platform.
Customers in the United States may arrange auto finance for the Fisker Ocean electric SUV, the company’s debut model, totally online thanks to its retail financing collaboration with JPMorgan Chase Bank.
Chase will make competitive and tailored lending selections for Fisker consumers. Customers will also be able to buy insurance, finance factory fitted extras, and even purchase a supplementary charging cord.
Santander Consumer Finance will be Fisker’s finance partner in Europe.
The loan application procedure starts with an online credit application on Fisker’s website or via the smartphone app. Applicants may choose the best retail financing solution for their requirements from a variety of possibilities. Customers will be able to see their financing information and electronically sign any relevant paperwork online as well.
After receiving their car, Fisker owners may digitally access their account online, make payments, and get individualized customer service.
During the Ocean’s unveiling at CES in 2019, Fisker’s founder Henrik Fisker stated that Fisker will be the world’s first “digital car company,” with all interactions with the brand taking place entirely online or via the company’s app.
“Fisker is, first and foremost, a digital automotive business focused on providing a smooth customer experience at every stage. Finance options on our digital platform, including financing factory-installed options, are part of our commitment to providing our customers with a completely hassle-free experience that respects their time “Henrik Fisker, Chairman and CEO, stated “We also intend to offer insurance through our digital platform, as the Fisker Ocean was designed and engineered with low-cost premiums in mind. With all of its unique standard options and features, the Fisker Ocean One will stand out.”
On July 1, Fisker opened reservations for the Ocean for the first time in a few markets, including the United States, Austria, Canada, Denmark, France, Germany, Norway, Sweden, and the United Kingdom.
Customers may reserve a Fisker Ocean One launch edition at $5,000 USD. The Ocean One manufacturing run will be restricted to 5,000 cars, each of which will cost $68,999.
Fisker claims that the big payment will help the firm to more precisely plan its production construct, such as required specs, exterior and interior colors, and factory extras.
Fisker Ocean One purchasers will be able to confirm pre-order specifications as Fisker plans manufacturing of each car. To honor each limited-edition Ocean One, Fisker will give a unique number ranging from #1 to #5000.
According to Fisker, the reaction to the Fisker Ocean One pre-ordering has been extraordinarily good, and the business is well on its way to selling out of the launch edition. Reservation holders who decline the Fisker Ocean One remain eligible for future variants of the zero-emission Fisker Ocean SUV.
Last month, Fisker revealed that client bookings for additional variants of the Ocean SUV had hit 50,000 units.
The EPA estimates the Ocean One edition’s range to be 350 miles. It has a dual-motor, all-wheel drive drivetrain.
Fisker will release less priced variants of the Ocean One following the Ocean One. Other variants include the Ocean Extreme, Ocean Ultra, and the entry-level Ocean Sport, which can be rented on Fisker’s website for for $250.
The front-wheel-drive Ocean Sport is expected to have a range of 250 kilometers.
The Ocean Extreme costs $68,999 as well. The Ultra, on the other hand, begins at $49,999, while the Sport starts at $37,499. In addition to any local incentives, all of Fisker’s zero-emissions cars are qualified for the federal EV tax credit of $7,500 in the United States.
Fisker Finance intends to begin funding in the fourth quarter of 2022. Fisker anticipates naming finance partners in more worldwide locations in the near future.
The Fisker Ocean will go into production in November 2022. The electric SUV is being developed in Austria by Magna Steyr, a prominent automotive contract manufacturer that has previously produced cars for BMW, Mercedes-Benz, and Jaguar.
Following the release of the Ocean, Fisker is working on a second car under its “PEAR Project,” which stands for “Personal Electric Vehicle Revolution.” According to Fisker, deliveries will commence in 2024.
The Fisker PEAR will be a fully-electric vehicle that combines sustainability, technology, and design into what Fisker described as a “digitally linked, small, five-passenger urban EV” that will cost roughly $29,900.
Fisker is collaborating with Apple’s contract manufacturer Foxconn to create the PEAR. Foxconn is well known for constructing hundreds of millions of Apple goods.
Under May, Fisker previewed their third electric vehicle, a high-performance grand touring sports car called “Project Ronin” that is presently in development. According to the business, the car will compete with high-performance electric vehicles like as the Tesla Model S Plaid and Roadster, Porsche Taycan, Mercedes-Benz EQS, and Lucid Air Sedan.
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