LOS ANGELES & NINGDE, China--(BUSINESS WIRE)--Fisker Inc. (“Fisker”) and Contemporary Amperex Technology Co Ltd (SZSE: 300750) (“CATL”) today announced a formal agreement cementing battery capacity for the Fisker Ocean SUV.
Under the terms of the agreement, CATL will supply two different battery solutions for the Fisker Ocean SUV, with an initial battery capacity of over 5 gigawatt-hours annually, from 2023Y-2025Y. The primary high-capacity pack uses a lithium nickel manganese cobalt (NMC) cell chemistry with the second high-value pack offering CATL’s latest cells based on lithium-ion phosphate (LFP) chemistry. Fisker and CATL teams have been working seamlessly together in close collaboration since 2020 to develop class leading Fisker battery solutions optimized for vehicle structure, crashworthiness and very high levels of energy density. Currently, the teams are engaged in extensive testing and validation at the pack and vehicle level.
“Securing this supply agreement with CATL is another important step in the development of the Fisker Ocean and achieving our battery performance objectives,” said CEO and Chairman, Henrik Fisker. “By utilizing multiple chemistries and designing an extremely efficient pack, we will be able to achieve our targeted driving range for the Fisker Ocean Sport and bring segment benchmark-driving range to the longer-range versions of Fisker Ocean.”
“As CATL expands its global footprint to help create clean mobility for all, we are delighted to...
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