As the automobile industry sees a big shift to electric vehicles, India has become one of the major upcoming markets for EVs. Now, it is being reported Fisker is also planning on entering this region with its own electric offerings soon.
Henrik Fisker, the CEO of the American EV maker told Reuters that the brand has plan’s for the expanding to the Indian market. He stated that “Ultimately, India will go full electric. It may not go as fast as the US, China or Europe, but we want to be one of the first ones to come in here.” In other words, Fisker Inc will soon be one of the latest firms to enter the market with its own EV models.
So, there is a chance that the company’s electric SUV, the Ocean EV model, will be the first ever to reach the Indian market. Apart from the Ocean Electric SUV, Fisker also stated that it could launch smaller electric car models as well in India, such as the Pear EV. However, this is still just an early statement, and we have no way of knowing any details regarding pricing for these electric vehicles in the Indian market.
But, the senior executive was confident about producing the Pear EV locally in India by the year 2026. This would enable the company to bring down the overall cost of the vehicle to under 20,000 US Dollars, which would be around 17 lakhs INR in the region. Fisker’s Ocean EV is a bit more on the expensive side, with imported cards also being levied a 100 percent duty may make it an unpopular option for most people in India that are looking to buy an EV model. So localized manufacturing would take a while to reach the country.
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