FSR - Fisker Releases Additional Details on Fisker R?nin: Super GT Convertible Will Be Priced at $385000 and Produced in a Limited Run of 999 Vehicles

• Fisker R?nin* will feature an integrated battery pack with an anticipated 600 miles of range.
• The Super GT convertible is expected to produce over 1,000 horsepower.
• The vehicle will seat five and function as a sports sedan when the folding hardtop is raised.
• Just 999 vehicles will be built, priced at $385,000 each.
• Fisker expects to start production in the second half of 2025.

Fisker Inc. (NYSE: FSR) (“Fisker”), driven by a mission to create the world’s most emotional and sustainable electric vehicles, today released additional details on its Fisker R?nin Super GT, an all-electric convertible that was showcased at the company’s first-ever Product Vision Day on August 3, 2023.

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“The Fisker R?nin is for people who love to drive, but who are also thrilled by automotive art and design and demand that their high-performance vehicles embrace a sustainable future,” Chairman and CEO Henrik Fisker said. “Our goal was to create a classic grand touring car, updated for the 21 ^st century and engineered for customers who want to drive from Los Angeles to Napa Valley on a single charge or take on the autobahn at steady high speeds without concern for battery capacity.”

Fisker opened reservations for R?nin ­– an homage to the famous John Frankenheimer film of the same name, which features epic car chase scenes – on August 3; early customers could place a deposit of $2,000 for the first reservation and a fully refundable $1,000 for the second. The vehicle will be priced at $385,000, with deliveries targeted to start in the second half of 2025. Fisker will produce just 999 vehicles.

Fisker’s objective with R?nin is to bring exceptional utility to the high end of the market, where numerous big-name performance manufacturers have introduced SUVs. Responding to this trend, Fisker has designed R?nin to accommodate five people while taking advantage of an electric vehicle’s layout to provide exceptional cargo capacity, a true rarity in the supercar world. With a projected 0-60mph time of approximately two seconds and a 170mph (275km/h) top speed, R?nin will be able to match up with or surpass any supercar currently on the market while also delivering tremendous range. Focus will be on driver enjoyment rather than autonomous technologies, although they will be available as needed.

Rear butterfly doors will ensure easy rear-seat access. Only a single door handle will be required, as the front doors open electrically by swiping the handle or by using a smartphone; the handle then extends when the rear doors are ready to be opened. All doors can be opened remotely by a smartphone, and the foldable, carbon-fiber hardtop will also be smartphone activated and automatically retract into the trunk, leaving some luggage space; additional luggage space will be available in the front trunk.

The Fisker R?nin will feature a unique aluminum space frame with integrated battery cells to achieve its targeted 600-mile range. Lightweight materials will also feature in the carbon-fiber 23-inch wheels. The interior will set new standards for sustainable luxury and will use innovative recycled and sustainable materials, with the goal of making R?nin the world’s most sustainable supercar. The Fisker R?nin will also have a 17.1-inch high-resolution screen and an instrument cluster positioned in front of the driver.

New photos of the Fisker R?nin are accessible here .

Go to Fiskerinc.com to place a reservation.

*The Fisker R?nin is in development. The targeted range and other specifications are based upon Fisker internal simulations and are subject to change.

About Fisker Inc.

California-based Fisker Inc. is revolutionizing the automotive industry by designing and developing individual mobility in alignment with nature. Passionately driven by a vision of a clean future for all, the company is on a mission to create the world’s most sustainable and emotional electric vehicles. To learn more, visit Fiskerinc.com and enjoy exclusive content across Fisker's social media channels: Facebook , Instagram , Twitter , YouTube , and LinkedIn .

Download the revolutionary new Fisker mobile app from the App Store or Google Play .

Forward-Looking Statements

This press release includes forward-looking statements, which are subject to the "safe harbor" provisions of the US Private Securities Litigation Reform Act of 1995. These statements may be identified by words such as "feel," "believes," "expects," "estimates," "projects," "intends," "should," "is to be," or the negative of such terms, or other comparable terminology and include, among other things, the quotation of our CEO, the statements regarding the planned launch timing, pricing, delivery, and estimated range of the Fisker Ocean, the planned timing of the opening of Fisker facilities, the Company's future performance, and other future events that involve risks and uncertainties. Such 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 many 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-one suppliers in order to execute on its business plan; the risk that OEM and supply partners do not meet agreed-upon timelines or experience capacity constraints; Fisker may experience significant delays in the design, manufacture, 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 to 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 those 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"), as supplemented by Quarterly Reports on Form 10-Q, and other reports and documents Fisker files from time to time with the SEC. Any forward-looking statements speak only as of the date on which 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.

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