2023 Fisker Ocean Now Priced From $24,999

The top-of-the-range 2023 Fisker Ocean Extreme is now cheaper than a base Tesla Model Y.

2023 Fisker Ocean U.S. prices drop by up to $24,000

Iulian Dnistran

By: Iulian Dnistran

Mar 27, 2024 at 9:05am ET

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The 2023 Fisker Ocean electric crossover is getting a series of massive price cuts in the United States, the company said in an email.

The American EV startup reduced the selling price of the Ocean's most expensive trim, known as the Extreme, by $24,000, while the entry-level version now carries an MSRP of just $24,999, effectively making the Ocean the cheapest new EV in the U.S., undercutting the Nissan Leaf by more than $3,000.

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The Fisker Ocean is now the cheapest new EV in the U.S.

Fisker announced it will significantly reduce the selling price of its Ocean electric crossover in the United States. The EV now starts at just $25,999 (fees and taxes excluded), making it the cheapest new electric vehicle in the U.S.

The Fisker Ocean Sport, which is the model's most affordable trim level, saw its MSRP drop by $14,000. The next trim, known as the Ultra, is now priced from $34,999, down from the previous $52,999.

Gallery: 2023 Fisker Ocean

2023 Fisker Ocean

In other words, these are inventory vehicles. The California-based startup has around 4,700 cars in inventory, with roughly 1,300 of them being built in 2024, while the rest were built last year.

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Currently, the production of the Fisker Ocean at the Magna plant in Austria is on pause as the EV startup switched its focus to simply keeping the lights on. Its finances are in rough shape, about half the cars it ever made are sitting in inventory, and a deal with Nissan that was supposed to breathe new life into the company fell through a few days ago.

Are you a Fisker owner with thoughts about your car or the company? Contact the author: iulian.dnistran@insideevs.com

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