Startup EV maker Fisker said it struck a battery current deal for its flagship mannequin with Chinese language battery maker Modern Amperex Know-how Co. Ltd., or CATL.
CATL will current two completely different battery packs for the Fisker Ocean SUV, with an preliminary battery performance of over 5 gigawatt-hours yrly, from 2023 to 2025, The agency said in A press launch Tuesday.
Fisker will unveil The final manufacturing mannequin of the Ocean SUV on Nov. 17 On the L. a. auto current, and said It is on monitor To start out manufacturing and deliveries of the car in November subsequent yr.
Automakers and battery producers are racing to ramp up manufacturing and develop new EV batteries at a time when demand for EVs has shot up globally.
The California-based mostly automaker enters a market that has been dominated by Tesla.
Fisker reported third-quarter outcomes on Wednesday.
Source: https://europe.autonews.com/automakers/fisker-strikes-battery-supply-deal-catl