Login

Fisker Announces India HQ In Hyderabad

The Fisker Ocean promises more than 500 km of range and a price of less than $40,000
Calendar-icon

By Sahil Gupta

clock-icon

1 mins read

Calendar-icon

Published on April 13, 2022

Follow us on

google-news-icon
Story

Highlights

  • The headquarters in Hyderabad will have 200 employees
  • The facility will lead software development and machine learning
  • Fisker will likely launch in India in 2023 wit Foxconn manufacturing

Henrik Fisker's much-hyped EV startup Fisker has revealed that it will have its Indian headquarters in Hyderabad, the capital of the Telangana state in Southern India. Fisker had already announced that it was planning on launching its first EV - the Fisker Ocean in India and also had plans to locally manufacture and sell its next EV, dubbed the Fisker Pear. The Indian headquarters adds to its engineering and product development facilities in Southern California. This facility will be responsible for virtual vehicle development and software. 

Also Read: Fisker To Make EVs In India With Foxconn By 2024

Only in February, Fisker opened reservations for its next electric car the Pear despite its first EV, the Ocean hitting production. The Fisker Ocean is expected to be manufactured by Magna in Austria. It also has a partnership with Foxconn for manufacturing which will likely be its contract manufacturer in India, if and when it starts local assembly of its cars. 

Fisker Vigyan Pvt Ltd is the name of the local Indian entity and it will add another 200 employees to the already 450 strong automotive startup. The focus of the facility will be on software development, embedded electronics, machine learning, data analytics, and virtual vehicle development. 

Also Read: Fisker Teases New Electric Supercar

u17h9848

Fisker has ambitions to launch one of the most affordable electric SUVs in the world 

"Our expansion into India represents both a strategic market opportunity and a significant boost to our global engineering capabilities. We have already started local hiring in India and expect our new team in Hyderabad to be fully operational and engaged in multiple product programs within weeks. Our talent pool in India will help us pave the way for the launch of Fisker Ocean and Fisker PEAR in India," said founder and CEO Henrik Fisker at the announcement. 

Also Read: Fisker Ocean Revealed In 3 Trims, Looks Very Promising

In November, Fisker will launch the Ocean in the US market, but in 2022 it also has plans to launch the vehicle in Europe. India is also slated to get the car, but that will likely be 2023 or even 2024 after the North American and European launches are done and it is prepared to make an entry in Asia. 

Foxconn which now has a pretty sizeable presence in India has already said that it plans on manufacturing EVs in India. Fisker's vehicles could be the first ones that it makes in India. Foxconn is the world's largest contract manufacturer and is known the world over for being the manufacturer of the iPhone, amongst other Apple gadgets and products from other brands. 

Calendar-icon

Last Updated on April 13, 2022


Stay updated with automotive news and reviews right at your fingertips through carandbike.com's Google News

Related Articles

Latest News