Why is Fisker Ocean so cheap?
The troubled electric vehicle startup Fisker has slashed the price of its basic Ocean EV to just $24,999 in a desperate bid to sell enough vehicles to stave off bankruptcy. The Ocean is now the cheapest EV on the American market. Fisker Failed Because It Botched Virtually Every Task It Took On. Rather than take ownership of its mistakes, the startup blamed its bankruptcy on headwinds in the electric-vehicle market. The Fisker Ocean electric sport utility vehicle.
Should I still buy a Fisker Ocean?
With the current model still missing a lot of promised features, and the company’s future in doubt, we can only recommend one thing: Do not buy a new Fisker Ocean. Fisker cut production targets multiple times, failed to meet sales goals and laid off staff. What’s more, its Ocean SUV was beset with software and mechanical issues, rendering it inoperable for some.