Fisker stock gains after EV maker’s plan to set up shop in China

Shares of Fisker Inc. FSR rose 1.4% in premarket trading Friday, after the electric vehicle maker announced plans to enter the China market. The company said it plans to open a delivery center in 2023, and start deliveries of its Fisker Ocean sport-utility vehicle in the first quarter of 2024.

4% in premarket trading Friday, after the electric vehicle maker announced plans to enter the China market. The company said it plans to open a delivery center in 2023, and start deliveries of its Fisker Ocean sport-utility vehicle in the first quarter of 2024. “After beginning deliveries in Europe and with first vehicles coming to our US customers on June 23, we are excited to move into the Chinese market later this year,” said Chief Executive Officer Henrik Fisker.

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