Fisker Inc. is hiring a senior executive with global manufacturing experience as the company nears goal of producing one million vehicles a year by 2027

LOS ANGELES–(BUSINESS WIRE)–Fisker, Inc. (NYSE: FSR) (“Fisker”) – passionate creator of the world’s most durable electric vehicles and advanced mobility solutions – appoints 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 per year by 2027. Alpay will focus on lean manufacturing and innovative techniques to reduce parts from the start. first phase of development.

“Alpay’s wealth of hands-on, global manufacturing experience will boost Fisker’s already lightning-fast development process, creating greater efficiency by incorporating the latest new manufacturing methods,” said CEO and President Henrik Fisker. . “Alpay and its team will incorporate advanced manufacturing processes from the design and engineering phases of the vehicle. We are developing a seamless approach from design to production with faster assembly times, ultimately delivering high quality vehicles optimized for cost and service to our customers.”

“I am excited to apply my knowledge of lean manufacturing deployment, new product launches and appreciation for innovation in Fisker’s rapidly changing environment, using my cross-cultural experience in China, Germany , UK and US,” Uguz said.

Prior to joining Fisker, Alpay worked at BMW’s production facility in Spartanburg, South Carolina, as the brand’s general manager of SUVs.

About Fisker Inc.

California-based Fisker Inc. is revolutionizing the automotive industry by developing the most emotionally desirable and environmentally friendly electric vehicles on Earth. Passionate about the vision of a clean future for all, the company is on a mission to become the leading provider of electric mobility services with the most sustainable vehicles in the world. To learn more, visit www.FiskerInc.com – and enjoy exclusive content on Fisker’s social networks: Facebook, Instagram, TwitterYoutube, and LinkedIn.

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Forward-looking statements

This press release contains forward-looking statements, which are subject to the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. Such statements may be identified by words such as “felt”, “believes” , expects, “estimates”, “projects”, “intent”, “should”, “shall be”, or the negative form of these terms, or other comparable terminology and include, among other things, the objective of the company to produce one million vehicles in 2027, our CEO’s quote, statements regarding the Fisker Ocean’s expected launch schedule, the company’s future performance, and other future events that involve risks and uncertainties. These 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 numerous 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 1 suppliers in order to execute its business plan; the risk that OEMs and supplier partners may not meet agreed deadlines or experience capacity constraints; Fisker may experience significant delays in the design, manufacturing, 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 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 the 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”), supplemented by the Quarterly Reports on Form 10-Q , and other reports and documents Fisker files from time to time with the SEC. All forward-looking statements speak only as of the date 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.