China’s Contemporary Amperex Technology Co. Ltd. (CATL), a battery supplier to Tesla Inc., and Nio Inc. will supply batteries to Fisker Inc.’s for its Ocean electric sports utility vehicle, the latter said in a statement on Tuesday.
What Happened
The contract to supply two different battery packs will run from 2023 till 2025 with an initial battery capacity of over 5 gigawatt-hours annually, Fisker said.The pre-production electric vehicle maker reiterated that the Ocean SUV would debut at the Los Angeles Auto Show on Nov. 17 and begin commercial production and deliveries in November next year.
