Fisker Ocean Price Drops by Up to $24,000 in U.S.

Fisker has announced substantial reductions in the MSRP for several trims of its 2023 Ocean electric SUV. The price cuts are effective March 29, 2024, according to the company’s announcement on Wednesday.

The top-tier 2023 Ocean Extreme trim sees the most dramatic reduction, with the MSRP dropping from $61,499 to $37,499 USD, a $24,000 decrease.

Similarly, the Ocean Ultra trim is now priced at $34,999, down from $52,999, down $18,000 USD. The Ocean Sport trim has been lowered to $24,999 from $38,999, a $14,000 USD drop.

These adjusted prices apply to the continental U.S. and exclude additional costs such as delivery, taxes, and registration fees. The offer is valid for 2023 model year vehicles currently in stock and will last until the inventory is depleted.

Each reduced-MSRP Ocean model is equipped with the latest 2024 Ocean OS software version 2.0, and certain vehicles include up to $7,000 worth of additional options at no extra cost. Fisker’s strategic pricing aims to position the all-electric Ocean SUV as a leading choice for consumers seeking sustainable and advanced transportation options.

The Ocean Extreme has an EPA-estimated range of 360 miles—the longest range of any new electric SUV in its U.S. segment, says Fisker. In Europe, its WLTP range of 439 miles makes it the leader in its category.

As Fisker continues to expand its network of dealer partnerships in North America and Europe, these price reductions are part of a broader strategy to enhance the EV purchasing experience. This approach includes frequent over-the-air (OTA) software updates, ensuring that Fisker vehicles remain at the forefront of technology and sustainability.

Fisker told Tesla North in an email, they are “not providing comment on business operations or speculation at the moment.” Recently, Fisker shares were halted and delisted on the NYSE. A recent review of the Fisker Ocean by tech reviewer MKBHD sent the company down in a tailspin, exposing oddities with both hardware and software for its EV.