Dark blue Fisker Ocean electric SUV, front three-quarter view

Fisker Ocean History

Electric SUV · 2023–2024

Fisker Inc.'s all-electric mid-size SUV (2023–2024) — built by Magna Steyr in Austria before the company's second bankruptcy.

Photo: “2023 Fisker Ocean 1.jpg” by Calreyn88 / Wikimedia Commons, licensed under CC BY 4.0

History

The Ocean was the flagship of Fisker Inc., the second company Henrik Fisker founded in 2016 after the collapse of Fisker Automotive. Revealed as a concept in 2020 and built under contract by Magna Steyr in Graz, Austria, it was an all-electric mid-size crossover SUV pitched on sustainability, with a recycled-material interior and an optional solar roof the company claimed could add a small amount of range each year.

Customer deliveries began in mid-2023, with a launch-edition 'Ocean One' offered alongside Sport, Ultra, and dual-motor Extreme trims; the Extreme was marketed with over 350 miles of range. Despite building over 10,000 Oceans in 2023, Fisker struggled to deliver them, plagued by software glitches, service problems, and a botched shift from a direct-sales model to dealerships.

Running out of cash, Fisker paused production in March 2024 and filed for Chapter 11 bankruptcy on June 17, 2024 — its second corporate failure in a decade. Magna ended Ocean production, and a US safety investigation and unresolved recalls left existing owners facing an uncertain future for parts and software support.

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