Fisker almost halves US Ocean prices in urgent fundraising drive

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.