"Securing this supply agreement with CATL is another important step in the development of Fisker Ocean and achieving our battery performance objectives. By utilizing multiple chemistries and designing an extremely efficient pack, we will be able to achieve our targeted driving range for the Fisker Ocean Sport and bring segment benchmark-driving range to the longer-range versions of Fisker Ocean," said the CEO of Fisker.
As the upcoming Ocean electric SUV approaches production next year, Fisker has announced on November 2, 2021 that the company has secured long-term battery capacity with CATL. The agreement contains:
Both companies agree to over 5 gigawatt-hours (GWh) annual battery capacity for the Fisker Ocean SUV.
Fisker and CATL to optimize battery pack structure to support Fisker Ocean packaging requirement.
CATL to supply Fisker Ocean production with small (LFP) and large (NMC) advanced battery packs over multiple years and is fully on track to support the Nov. 17, 2022 start of production milestone and subsequent ramp-up.
Fisker will utilize CATL's unique dual-chemistry cell capability to optimize performance, application, cost and market position across the Fisker Ocean option package lineup.
"As CATL expands its global footprint to help create clean mobility for all, we are delighted to reach long term collaboration with Fisker and provide battery technology that is unique to Fisker's product rollout. We are excited to support Fisker to reach its sustainability, performance and growth targets," commented Zhou Jia, CATL President.
The customized Fisker Ocean battery packs have advanced features, such as direct charging from solar roof panels. In addition, both battery pack solutions provided by CATL, small (LFP) and large (NMC), are engineered to support peak charging powers of more than 250 kilowatts. Fisker is targeting for start of production and deliveries on its Ocean electric SUV in November 2022.