The Fisker Ocean Extreme electric SUV is now $7.5k cheaper

If you’ve been eyeing up a Fisker Ocean, you might like to know the Californian carmaker has lopped $7,500 off the price tag of its top trim level for a limited time only. Prices for the Ocean 'Extreme' have been slashed from $68,999 to $61,499.

What's an Extreme? A fully-electric all-wheel-drive SUV with a 113kWh battery, able to fast-charge from 10 to 80 per cent in 35 minutes. Earlier this year, Fisker claimed 440 miles of range on the WLTP cycle, (in this latest announcement, Fisker says the EPA range is 360 miles).

Customers who have already ordered a Fisker Ocean Extreme will get the same $7.5k price adjustment, even if the car is already in production.

Boss Henrik Fisker said: "It is essential that Fisker responds to competitive realities in the rapidly growing EV market. We want our customers to have greater access to the Ocean and to be able to take advantage of its exciting combination of innovative features, striking design, sustainable materials, and class-leading range.”

The other trim levels - Ultra (with a 350-mile EPA estimated range) and Sport (a Fisker-estimated 231 miles) - will both be subject to price hikes as of 6 November, mind. The Ultra rises by $3k to $52,999, while the Sport rises from $37,499 to $38,999.

That said, Fisker reckons these two will account for the bulk of sales. “We are very confident in the continued demand for the Ocean and we expect the Sport and Ultra models to be the highest sellers starting in 2024,” Fisker said.

“We expect our overall margins will be unaffected because higher Sport and Ultra pricing, combined with our cost-reduction initiatives and lower input prices, will support the anticipated trajectory of our profits.”