Currently reading: Fisker almost halves US Ocean prices in urgent fundraising drive

Range-topping Ocean Extreme is cut by $24,000 as EV company aims to quickly sell stock and avoid bankruptcy

Fisker has almost halved the price of all the Ocean SUVs it has in stock in the US, in an urgent bid to raise funds and avoid bankruptcy.

The American EV firm has halted production of its sole model at the Magna Steyr factory in Austria and is now trying to rapidly clear the backlog of already-built examples, as it seeks to shore up its unstable financial position.

Dealer-stock examples of the entry-level Ocean Sport are now priced from $24,999 (£20,000), a reduction of $14,000, while Ocean Extremes have been cut from $61,499 (£48,800) to $37,499 (£30,000).

Fisker last week announced that it had some 4700 cars in its inventory, at a claimed value of more than $200 million (£158.

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