Fisker Inc. Adds Experienced Global Manufacturing Executive as Company Grows Toward Target of Producing One Million Vehicles Annually In 2027
July 13 2022 - 4:30PM
Business Wire
- Alpay Uguz joins as Senior Vice President of Global
Manufacturing
- In collaboration with senior management, Alpay Uguz will
oversee strategy towards the goal of producing one million vehicles
per year in 2027
Fisker, Inc. (NYSE: FSR) ("Fisker") – passionate creator of the
world's most sustainable electric vehicles and advanced mobility
solutions – names Alpay Uguz as Senior Vice President of Global
Manufacturing, reporting to CEO Henrik Fisker, effective
immediately.
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Fisker Inc. names Alpay Uguz as Senior
Vice President of Global Manufacturing, reporting to CEO Henrik
Fisker, effective immediately. In his role at Fisker, Alpay will
oversee the company’s global manufacturing as Fisker grows towards
its goal of producing one million vehicles annually in 2027. Alpay
will focus on lean manufacturing and innovative techniques to
reduce parts starting from the earliest development phase. (Photo
credit: M. Mueller)
In his role at Fisker, Alpay will oversee the company’s global
manufacturing as Fisker grows towards its goal of producing one
million vehicles annually in 2027. Alpay will focus on lean
manufacturing and innovative techniques to reduce parts starting
from the earliest development phase.
"Alpay's wealth of hands-on, global manufacturing experience
will boost Fisker's already ultra-fast development process,
creating greater efficiency by incorporating the latest in new
manufacturing methods," CEO and Chairman Henrik Fisker said. “Alpay
and his team will integrate advanced manufacturing processes early
in the vehicle design and engineering phases. We are developing a
seamless approach from design to production with faster assembly
times, ultimately providing high-quality vehicles optimized for
cost and service to our customers."
"I'm excited to apply my knowledge of lean manufacturing
deployment, new product launches, and appreciation for innovation
in Fisker's fast-paced environment, utilizing my cross-cultural
experience working in China, Germany, the UK, and the US," Uguz
said.
Before joining Fisker, Alpay worked at BMW's production facility
in Spartanburg, South Carolina as the general manager of the
brand's SUVs.
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.
Forward-Looking
Statements
This press release includes forward-looking statements, which
are subject to the "safe harbor" provisions of the US 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 company’s target of producing one
million vehicles in 2027, the quotation of our CEO, the statements
regarding the planned launch timing of the Fisker Ocean, the
Company's future performance, 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 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 Annual Report on Form 10-K, under the heading
"Risk Factors," filed with the Securities and Exchange Commission
(the "SEC"), as supplemented by Quarterly Reports on Form 10-Q, 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/20220713005852/en/
US Media Fisker@GODRIVEN360.com
European Media: Press.europe@fiskerinc.com
Fisker Inc. Communications:
Matthew DeBord Sr. Director, Communications Strategy &
Storytelling mdebord@fiskerinc.com
Rebecca Lindland Director, Communications
rlindland@fiskerinc.com
Investor Relations:
Frank Boroch, VP of Investor Relations fboroch@fiskerinc.com
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