Fisker expands into additional European markets, with September deliveries anticipated.

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【Summary】Fisker Inc. is expanding its presence in Europe by launching in Belgium, the Netherlands, and Switzerland. Deliveries are expected to start by September. The company already operates in several European countries and aims to establish a strong presence in the region. Fisker's stock has dropped 9.8% in the past three months.

FutureCar Staff Aug 28, 2023 11:25 PM PT

Fisker expands into additional European markets, with September deliveries anticipated.

Shares of Fisker Inc. FSR, increased by 1.2% during premarket trading on Monday. The electric vehicle manufacturer revealed its plans to expand into three new markets in Europe. Fisker Inc. intends to establish retail locations, delivery, and service centers in Belgium, the Netherlands, and Switzerland. Deliveries in these markets are expected to commence by the end of September. In addition to these new markets, Fisker Inc. is already present in Austria, Denmark, France, Germany, Norway, Sweden, and the United Kingdom. Henrik Fisker, the Chief Executive, emphasized the company's goal of establishing a strong early presence in Europe, as it has always been a top priority. Despite the positive news, the stock has experienced a 9.8% decline over the past three months, whereas the S&P 500 has gained 4.8%.