Fisker Expects to Have Approximately 100 Dealer Locations in Both Europe and North America

Fisker Inc., driven by a mission to create the world’s most emotional and sustainable electric vehicles, announced today that the company is developing an innovative dealer partnership model in North America. Fisker intends to pursue a hybrid of direct sales and dealer arrangements in Europe.

The Dealer Partnership model combines the goal of offering our customers no-haggle pricing on Fisker vehicles (where permitted) while providing our dealer partners with larger market territories to maintain pricing without concern for local competition. The company has been discussing with numerous potential dealers since late November 2023.

The company is implementing this approach to expand its sales, delivery, and test drive network. Fisker expects that its first dealers will start receiving vehicles by the end of Q1 2024 and that it will have all its initial dealer partners in place when higher-volume vehicle models arrive in the marketplace in the future.

In keeping with its sustainability mission, Fisker does not plan to require its dealer partners to make extensive, time-consuming, or costly changes to their existing facilities. The company has developed corporate identity features that it can quickly provide to its dealer partners so that they can commence sales and service as soon as possible.

Fisker will continue to maintain its own Lounges in global markets so that customers may experience the brand and contribute sales leads that the company can send to its dealers.

Fisker will work with dealer partners who emphasise delivering excellent customer satisfaction, providing streamlined customer support and service, and expanding test-drive opportunities as the range of Fisker models and trim levels expands.

Dealers will also facilitate financing and insurance arrangements and assist customers with matters related to Fisker’s warranty.