Fisker & Crédit Agricole Consumer Finance Sign a Green Memorandum of Understanding for Delivery of Fisker Ocean Electric Veh...
March 26 2021 - 7:00AM
Business Wire
- Agilauto, a division of Crédit Agricole Consumer Finance in
France, to offer Fisker Ocean through programs for Crédit Agricole
Group employees and the private banking market, reinforcing
company’s commitment to zero emission vehicles
Fisker Inc. (NYSE: FSR) (Fisker) – designer and manufacturer of
the world’s most emotion-stirring, eco-friendly electric vehicles
and advanced mobility solutions – today announced it has signed a
Memorandum of Understanding* with Crédit Agricole Consumer Finance,
part of the Crédit Agricole Group – the leading financial partner
to the French economy and one of the largest banking groups in
Europe – for the potential supply of Fisker Ocean SUVs.
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the full release here:
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Fisker Inc. (NYSE: FSR) (Fisker) –
designer and manufacturer of the world’s most emotion-stirring,
eco-friendly electric vehicles and advanced mobility solutions –
today announced it has signed a Memorandum of Understanding* with
Crédit Agricole Consumer Finance, part of the Crédit Agricole Group
– the leading financial partner to the French economy and one of
the largest banking groups in Europe – for the potential supply of
Fisker Ocean SUVs. Under this Memorandum of Understanding, Agilauto
will be able to purchase Fisker Ocean SUVs for use by eligible
employees and selected private banking clients of the group, with
delivery projected to commence from January 2023. (Photo: Business
Wire)
Under this Memorandum of Understanding, Agilauto will be able to
purchase Fisker Ocean SUVs for use by eligible employees and
selected private banking clients of the group, with delivery
projected to commence from January 2023.
“We welcome the commitment being shown by Crédit Agricole
Consumer Finance towards enabling greater access to zero emission
mobility for their employees,” said Fisker Chairman and Chief
Executive Officer, Henrik Fisker. “60% of new vehicle sales in
Europe are through business-to-business transactions, and we are
ready to partner with forward-thinking companies like Crédit
Agricole Consumer Finance as the market moves increasingly towards
electrification.”
“We are proud to act for transformation to low-carbon mobility,
as part of Crédit Agricole Consumer Finance’s sustainability
strategy,” said Agilauto Sales Director, François ASCHEHOUG (Crédit
Agricole Consumer Finance). “The Fisker Ocean will give our
employees and the private banking market access to latest
generation technology and performance while reinforcing our
commitment to a low-carbon fleet.”
Fisker is projected to start production on its first vehicle,
the Ocean electric SUV, in Q4 2022. The Fisker Ocean will initially
be manufactured in Europe and sold across multiple markets in
Europe and North America. Interest in the vehicle continues to
build at an encouraging pace, with global paid reservations now
standing at more than 14,000.
* The Memorandum of Understanding is non-binding with the
parties intending to negotiate a definitive agreement.
For more information, or for interview inquiries, contact
Fisker@GoDRIVEN360.com.
About Fisker Inc.
California-based Fisker Inc. is revolutionizing the automotive
industry by developing the most emotionally desirable and
eco-friendly electric vehicles on Earth. Passionately driven by a
vision of a clean future for all, the company is on a mission to
become the No. 1 e-mobility service provider with the world’s most
sustainable vehicles. To learn more, visit www.FiskerInc.com – and
enjoy exclusive content across Fisker’s social media channels:
Facebook, Instagram, Twitter, YouTube and LinkedIn. Download the
revolutionary new Fisker mobile app from the App Store or Google
Play store.
About Crédit Agricole Consumer
Finance
Crédit Agricole Consumer Finance, Crédit Agricole SA's consumer
credit subsidiary, distributes a broad range of consumer credit and
related services (in France, principally through its commercial
trademarks Sofinco, Viaxel and Creditlift Courtage) for
distribution channels as a whole: direct sales, point-of-sale
financing (automotive and home appliances) and partnerships.
Alongside large companies in distribution, specialist distribution
and institutional players in the 19 countries where it is present,
CA Consumer Finance offers its partners solutions that are
flexible, responsible, and adapted to their needs and those of
their clients. Excellent relationships, local accountability and
social commitment are the pillars that make CA Consumer Finance a
group acting in the interests of its clients and of the company on
a day-to-day basis. As of 31 December 2020, CA Consumer Finance
managed €91 billion in outstanding loans.
Learn more: www.ca-consumerfinance.com
Forward-Looking Statements
This press release includes forward-looking statements, which
are subject to the “safe harbor” provisions of the U.S. Private
Securities Litigation Reform Act of 1995. These statements may be
identified by words such as “feel,” “believes,” expects,”
“estimates,” “projects,” “intends,” “should,” “is to be,” or the
negative of such terms, or other comparable terminology and
include, among other things, the quotations of our Chief Executive
Officer and statements regarding the Company's future performance
under "2021 Business Outlook" and other future events that involve
risks and uncertainties. Such forward-looking statements are not
guarantees of future performance and are subject to risks and
uncertainties, which could cause actual results to differ
materially from the forward-looking statements contained herein due
to many factors, including, but not limited to: Fisker’s limited
operating history; Fisker’s ability to enter into additional
manufacturing and other contracts with Magna, or other OEMs or
tier-one suppliers in order to execute on its business plan; the
risk that OEM and supply partners do not meet agreed upon timelines
or experience capacity constraints; Fisker may experience
significant delays in the design, manufacture, regulatory approval,
launch and financing of its vehicles; Fisker’s ability to execute
its business model, including market acceptance of its planned
products and services; Fisker’s inability to retain key personnel
and to hire additional personnel; competition in the electric
vehicle market; Fisker’s inability to develop a sales distribution
network; and the ability to protect its intellectual property
rights; and those factors discussed in Fisker’s Registration
Statement on Form S-1 (No. 333-249981) under the heading “Risk
Factors,” filed with the Securities and Exchange Commission (the
“SEC”) and other reports and documents Fisker files from time to
time with the SEC. Any forward-looking statements speak only as of
the date on which they are made, and Fisker undertakes no
obligation to update any forward-looking statement to reflect
events or circumstances after the date of this press release.
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version on businesswire.com: https://www.businesswire.com/news/home/20210326005089/en/
Fisker Inc. Simon Sproule, SVP, Communications 310.374.6177 |
Fisker@GoDRIVEN360.com
Dan Galves, VP, Investor Relations dgalves@fiskerinc.com
FiskerIR@icrinc.com
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