Fisker Inc. has just confirmed regulatory certification in Europe that will allow sales and deliveries of the first Ocean SUVs to reservation holders. Fisker has taken a unique dual homologation process for both Europe and the US simultaneously, and while deliveries overseas appear just over a week away, reservation holders in the US might have a wait quite a bit longer.
After a multi-year journey that felt like a public drawing board of design tweaks and strategy changes, Fisker Inc. inevitably honed-in on the final iteration of its flagship EV – the Ocean SUV. As promised, the Ocean officially kicked off production on schedule in Europe in November, under the watch of veteran contract manufacturer Magna Steyr in Austria.
As of December 31, 2022 Fisker reported it had built 56 Ocean SUVs, including 15 fleet vehicles delivered to Magna for testing, data collection, and additional validation.
Still, the American automaker relayed optimism to produce (up to) 42,400 EVs in 2023, provided its supply chain holds steady and it receives homologation “in a timely manner.” Fisker sought certification in both the US and Europe simultaneously, anticipating testing would be completed in March, followed by the respective regulatory approval processes in each region.
Well, reservation holders in Europe can rejoice, especially those awaiting an Ocean One Launch Edition, because your shiny new SUVs have been certified overseas and deliveries are expected in ten days.
Fisker Ocean deliveries begin in Europe May 5
According to news directly from Fisker this evening, the Ocean SUV has been certified by regulators in Europe and deliveries are expected to begin shortly. Company chairman and CEO Henrik Fisker spoke to the milestone and shared a quick update:
The entire Fisker team is excited to get the Fisker Ocean One launch edition to our reservation holders. Our first delivery is expected for May 5. After that, we intend to deliver all Ocean Ones by the end of September while also initiating some deliveries of the Fisker Ocean Extreme, starting in Europe with the US to follow.
When exactly the US deliveries will follow remains unclear. For now, Fisker’s focus is on deliveries of the top-tier trims of the Ocean in Europe, although the company has already built some of the Ultra and Sport trims of the incoming SUV. Fisker says deliveries of those trims will begin in September, assumedly after a majority of the One and and Extreme trims have found their homes.
Fisker recently announced a WLTP certified range of 707 km (439 miles) for the Fisker Ocean Extreme (20″ wheels), which the company said has led to an influx of new reservations in Europe. It will be interesting to see where that range lands on the US market’s much stricter EPA scale, but even 400 miles of EPA range should be quite appealing for SUV-loving consumers in the states.
While many readers would probably prefer news of US Ocean deliveries before Europe, the SUV reaching reservation holders anywhere is encouraging news. We are quite curious where Fisker and Magna currently stand on production output for 2023, as well as how many reservations the Ocean has now tallied.
We are certain to learn more during Fisker’s Q1 2023 financial report, scheduled for May 9.
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Air taxi startup Vertical Aerospace achieved a world’s first this week, completing the first flight between two airports through public airspace for an eVTOL at the Royal International Air Tattoo in Gloucestershire, England.
The Royal International Air Tattoo (RIAT) is the world’s largest military airshow, held every July and serving as a public showcase for the latest advancements in aviation technology. It’s fitting, then, that RIAT served as setting for the Vertical VX4 prototype’s first piloted public flight.
The eVTOL aircraft flew 17 miles from the company’s Flight Test Centre at Cotswold Airport to RAF Fairford, a Royal Air Force station used by the US Air Force. The Vertical VX4 reached speeds of 115 mph, and an altitude of 1800 ft, and also marked the first landing at a public location for an aircraft of this type.
The Vertical Aerospace entry was the only battery-electric aircraft present at RIAT 2025, and the flight served as a demonstration of the company’s broader strategy to unlock new hybrid-electric applications for defense, logistics, and special/close support missions where the eVTOL’s (relatively) quiet operations could give it a tactical advantage.
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“RIAT is a global stage for the most advanced, mission-ready aerospace technology, and we’re proud to showcase how electric aviation will support the future of defense,” says Stuart Simpson, CEO of Vertical Aerospace. “Our hybrid-electric roadmap unlocks new capabilities for military operations, and Vertical’s RIAT presence reinforces our commitment to playing a meaningful role in the future of military and special mission aviation.”
Vertical’s VX4 debuted last year, with a 20% increase in the power-to-weight ratio that enables a top cruising speed of 150 mph and transports four passengers plus a pilot up to 100 miles on a single charge.
The inaugural VX4 flight was witnessed by several thousand UK aircraft enthusiasts, and showed how an eVTOL aircraft could integrate with real-world airport operations, building momentum toward more regular, certified deployment.
Electrek’s Take
Archer, BETA, EHang, Joby, XPeng – the list of eVTOL manufacturers seems to be as long as the list of new electric car brands that didn’t exist back when I first started working with EVs back in ::gulp:: the 1990s. The future of regional point-to-point air travel certainly seems to be vertical, and electric.
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Say what you will about Elon Musk, but Tesla has changed the way that millions of people buy cars and, by extension, car insurance. Now, Honda is taking a page from Tesla’s successful playbook and launching its own in-house insurance business. Enter: Honda Insurance Solutions.
Honda Insurance Solutions is being launched as a fully licensed insurance agency serving the insurance needs of Acura and Honda customers, but it’s not stopping at competitive pricing and coverage options for Honda cars and motorcycles. Honda Insurance Solutions promises to go several steps beyond Tesla’s offering with coverage for trailers, RVs, homes, and even pets.
“Honda Insurance Solutions offers customers access to coverage through a brand they know and trust,” says Petar Vucurevic, President, American Honda Insurance Solutions, LLC and Senior Vice President, American Honda Finance Corporation. “Insurance is a key touchpoint in the vehicle ownership journey, and we aim to deliver a superior experience tailored to the unique needs of each customer, while promoting safer driving and increased peace of mind on the road.”
The company says the launch of its new insurance business is just part of Honda’s broader digital vehicle sales platform strategy, with future plans to integrate insurance offerings into new products.
What Honda is doing right now is deepening relationships with its existing customers and finding ways to make money on products it hasn’t sold them – whether that’s the Harley parked in the garage next to their Prologue or the garage itself.
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Nobody ever says “this is business” before doing something nice, and the recently reborn Lion Electric company is keeping that streak alive by doing the unthinkable to cut costs: they’re going to void the warranties on hundreds of electric school buses.
In a letter issued to exiting Lion Electric customers last week, Deloitte Restructuring announced that the warranties on all Lion vehicles purchased outside of the company’s home Province of Quebec are null and void – leaving dozens of school districts in the lurch with stranded assets that won’t get fixed, and can’t be sold to generate funds for replacements.
“We are working with alternate vendors at the expense of the school district to help keep our electric buses functional and on the road,” explains Dr. Richard Decman, Superintendent of Herscher CUSD No. 2 district in Herscher, Illinois. “Currently, six of our 25 (Lion) electric buses need some type of repair.”
Student Transportation News reports that Lion buses represent fully half of Herscher’s overall fleet of 50 buses, and that the district has received nearly $10 million for the purchase of 25 electric buses and the related charging stations from various state and utility incentive programs.
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Herscher isn’t the only district having problems with Lion buses. “All four Lion buses that we own are currently parked and not being used,” Coleen Souza, interim transportation director of Winthrop Public Schools, told Clean Trucking. “Two of them are in need of repairs which would cost us money which we are not willing to invest in because the buses do not run for more than a month before needing more repairs.”
More of the same in Maine, where Yarmouth School Department bought two Lion Electric buses in 2023 with the state covering the costs. According to Superintendent Andrew Dolloff, the buses almost never worked. “We’ve had some sporadic service over the past two years, but as soon as the tech leaves, the buses produce error codes again,” explained Dolloff. ” and “Then the technician quits or is released, and we wait a few months for the next response.”
Dolloff added that Yarmouth’s electric buses did not operate during the 2024-25 school year.
Lion’s new owners are seemingly uninterested in their customers’ plight – which might be easily dismissed if those new owners, Groupe MACH, weren’t also the old owners of Lion Electric.
That’s right, kids. Quebec-based real estate company Groupe MACH, which stepped in to “save” Lion Electric earlier this summer, along with Ontario-based Mirella & Lino Saputo Foundation, bought $90 million of equity in Lion Electric back in 2023. And, while the MACH people may not have been the ones who ultimately made the call about voiding the warranties (that decision was made by the Deloitte bankruptcy team), it is absolutely Group MACH who have, to date, not announced plans to continue to honor those warranties, either.
Make of that what you will.
Deloitte Lion letter
SOURCES: School Transportation News, Clean Trucking, Deloitte.
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