Reservation holders who have been waiting patiently for Fisker Ocean deliveries to begin here in the states may see the new SUV in their driveways as early as this month… as long as they sprang for one of the top tier trims. Fisker is reporting that the Ocean Extreme SUV has been certified for US sales by the EPA and garnered a 360 mile estimated range. Not bad.
The Ocean is an SUV appropriately named, as its saga has hit ebbs and flows, high tides and lows, much like the company that built it. Ocean production began on schedule last November, but ramp up has been slower than anticipated.
The first deliveries would not come until early May 2023, beginning with one SUV in Denmark, followed by a second delivery in Germany that went to Henrik Fisker himself. Before those European deliveries began, Fisker was touting a WLTP range for the Ocean Extreme (and limited One trim) at 707 km (439 miles) with 20″ wheels.
Impressive for sure, but even then, we pointed out that the Environmental Protection Agency (EPA) is much stricter in its range certifications, and expected the US mileage estimates for the Fisker Ocean to be significantly less. While they are, the top tier Ocean’s certified range is more than Fisker originally advertised and is still quite high for an SUV.
Ocean Extreme EPA range exceeds Fisker’s estimates
When we first learned about all the trims of the Ocean when Fisker publicly launched it at the LA Auto Show in 2021 (that feels like five years ago), the automaker said its top “Extreme” trim, which also comes in a launch edition “One” version with the same specs, would offer around 350 miles of range, thanks in part to its 113 kWh “Hyper Range” battery pack.
According to official EPA estimates, the Ocean One Extreme can deliver 360 miles of range on 20″ wheels. Additionally, that version of the electric SUV is now officially certified by both the EPA and California Air Resources Board (CARB) for sale and delivery in all 50 states plus DC.
Additionally, Fisker Inc. states the Ocean Extreme has completed all applicable FMVSS testing required by the US National Highway Traffic Safety Administration (NHTSA) self-certification and meets New Car Assessment Program (NCAP) standards for a 5-star rating – although it has not officially received a safety rating yet. CEO Henrik Fisker spoke:
A lot of hard work went into achieving these results, and it feels great to give our customers a better range than we had estimated. Delivering an EPA 360 mile range in the US and WLTP 707 km range in Europe gives our drivers what they want: a fantastic 5-passenger vehicle, and the confidence they’re driving the electric SUV with the longest range available in an affordable new vehicle
This is a huge milestone for everyone at Fisker. We are looking forward to getting Oceans to customers in the US, and we plan to send out communications today to our first customers.
Those first US customers receiving a call from Fisker will be those who opted for the Ocean Extreme or Ocean One, and will be able to take advantage of the new EPA certified range first. As we previously reported, Fisker is focusing on deliveries these top tier models in Europe and the US first, so we won’t see other Ocean trims begin deliveries until this fall at the earliest.
It will be interesting to see how production and deliveries numbers ramp up when Fisker shares its Q2 2023 report in a couple months. Ocean SUVs on US soil means we’re closer than ever to driving one for ourselves, and we are looking forward to it.
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The luxury carmaker channeled its inner superhero with this one. Genesis unveiled the new GV60 Mountain Intervention Vehicle (MIV) this week in Switzerland, an off-road EV that can climb mountains. The concept is designed for extreme rescue missions. Check it out below.
Meet the Genesis GV60 MIV rescue EV concept
Genesis showed off the new GV60 MIV this week at the World Economic Forum (WEF) in Davos, Switzerland. Crowds lined up to see it at the AMERON Davos Swiss Mountain Resort, not far from the WEF venue.
Based on its first dedicated EV, the GV60, the concept is designed to tackle extreme terrain and weather on rescue missions.
The purpose-built vehicle gains off-road elements like snow tracks and medical and emergency communication systems for rescue missions on mountains or other extreme terrain. Other upgrades include a custom heavy-duty roof rack and rear hatch rack.
Genesis added large carbon fender flares to warn those nearby and protect the vehicle from damage in extreme weather.
With a fully electric powertrain, the Genesis GV60 MIV has no tailpipe emissions, protecting the environment. It’s also nearly silent, with minimal noise pollution.
Inside, the off-road electric SUV includes custom sports seats, adding to the GV60’s already impressive interior design.
The concept follows the upgraded GV60, revealed earlier this month. Genesis updated it with redesigned front and rear bumpers, more tech, and added luxury.
Like the new 2025 Hyundai IONIQ 5, based on the same E-GMP platform, the upgraded GV60 is expected to feature a bigger battery providing more range. Powered by an 84 kWh battery, the 2025MY now has up to 318 miles range, up from 303 miles in the outgoing model (77.4 kWh battery).
The 2025 Genesis GV60 starts at $52,350 in the US and has a range of up to 294 miles. Once the upgraded model arrives in 2026, the electric SUV could have a range of up to 300 miles.
2025 Genesis GV60 trim
Range (EPA-est)
Starting Price*
Standard RWD
294 miles
$52,350
Standard AWD
264 miles
$55,850
Advanced AWD
248 miles
$60,900
Performance AWD
235 miles
$69,900
2025 Genesis GV60 prices and range by trim (*excluding $1,350 destination fee)
What do you think of the GV60 MIV? Should Genesis get these onto the mountains? Or should it stick to on-road luxury cars? Let us know in the comments.
A ship carrying liquefied natural gas (LNG) is towed out of the Port of Rotterdam on January 13, 2025 in Rotterdam, Netherlands.
Pierre Crom | Getty Images
Natural gas exporter Venture Global will begin trading Friday in the first major initial public offering under the Trump administration, testing investor appetite for energy stocks as the White House looks to implement a sweeping agenda aimed at boosting oil and gas production.
“The Trump administration has made very clear they support growing LNG exports,” Venture CEO Mike Sabel told CNBC in an interview Friday.
Venture Global is currently the second-largest LNG exporter in the U.S. behind Cheniere. Venture priced its initial public offering of 70 million shares at $25 to raise $1.75 billion for a total valuation of $60.5 billion.
This is far below the company’s original target. Venture had originally planned to offer 50 million shares in a range of $40 to $46, which would have raised about $2.2 billion at the midpoint for a total valuation of $110 billion.
Still, Venture’s IPO is the largest by an oil and gas company in a decade and the fourth-largest since 2000. At a valuation of around $60 billion, it would be the tenth-largest publicly traded energy company.
Venture is locked in arbitration with customers, including majors such as Shell, over contracted deliveries from its Calcasieu Pass plant in Louisiana.
President Donald Trump on Monday declared a national energy emergency and issued an executive order overturning the Biden administration’s pause on new LNG export projects, removing a potential obstacle to Venture’s growth.
Trump’s policies, combined with cold winter weather and expected robust demand from artificial intelligence, is helping to drive both natural gas prices and related stocks higher. Cheniere shares, for example, have climbed more than 20% since Trump was elected. Natural gas prices rose 44% over that same time.
This is a breaking news story. Please check back for updates.
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Correction: Venture Global’s CEO is Mike Sabel. An earlier version of this story misspelled his name.
Rivian (RIVN) already has several automakers reaching out about potential supply deals for software and other EV tech. According to Rivian’s Chief Software Officer, Wassym Bensaid, its new partnership with Volkswagen has other OEMs “knocking on our door.”
Will Rivian and VW supply EV tech to other automakers?
After launching “Rivian and VW Group Technology, LLC,” their new software and EV joint venture in November, the collaboration is already showing potential.
Bensaid, who co-leads the new joint venture with VW’s Casten Helbing, said in an interview on Thursday (via Reuters) that the collaboration is in talks with at least a few other automakers over potential supply deals for software and EV architecture.
“I’d say that many other OEMs are knocking on our door,” he said. Although no names or other details were revealed, Bensaid added that “there is demand.”
The software leader explained that Rivian is prioritizing its smaller, more affordable R2 until 2027 while integrating the new tech into upcoming VW, Audi, Porsche, and Scout brand EVs.
Bensaid added that the new JV “today becomes one of the key partners” for other automakers who want to “make a leap from a technological standpoint.”
Last week, German news outlet Spiegel reported that VW could expand the partnership with Rivian. Volkswagen CEO Oliver Blume said, “We are thinking about sharing modules and bundling purchasing volumes.”
VW is already planning to invest $5.8 billion, which, according to Rivian CEO RJ Scaringe, is a “meaningful financial opportunity.”
Rivian is already using the platform and software stack on its Gen 2 R1S electric SUV and R1T pickup, a drastic upgrade from the previous version. The architecture uses seven electronic control units (ECUs), down from 17 in the Gen 1 models.
The new models also include Rivian’s new in-house autonomy system, the Rivian Autonomy Platform, which consists of 11 cameras, five radars, and other features for added driver assist (ADAS) features.
At the opening of the new Rivian Space in San Francisco on Thursday, Scaringe said the company plans to roll out hands-free driving this year. It’s expected to be similar to Tesla’s Full-Self Driving (FSD). In 2026, Rivian will launch an “eyes-free” system as it advances new tech and software.
Electrek’s Take
The JV with Volkswagen could be significant for Rivian as it looks to accelerate growth in 2025. After shutting down its Normal, IL manufacturing plant last April for upgrades, Scaringe said the company is already seeing “a meaningful reduction” in material costs.
Rivian’s R2, starting at around $45,000, is expected to open an entire new market. Analysts expect the VW partnership to provide enough funding for the R2 to enter production, which is expected in the first half of 2026.
Last week, Rivian closed its loan agreement with the US Department of Energy (DOE) for up to $6.6 billion in financing for its new manufacturing plant in Georgia. The EV maker has already started hiring construction and management workers, with recruitment “expected to ramp quickly.”
Will Rivian’s EV architecture and software “become the platform of choice in the Western world” aside from Tesla? That’s what Canaccord Genuity analysts said in a note to investors.
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