TSLA379.7801.73%
GM88.690-0.96%
F12.271-0.0987%
RIVN13.700-0.31%
CYD20.620-0.04%
HMC34.880-0.96%
TM214.780-3.73001%
CVNA73.020-3.235%
PAG213.4400.65%
LAD305.820-4.98%
AN184.140-1.92%
GPI264.180-4.28%
ABG206.380-3.84%
SAH62.220-0.93%
TSLA379.7801.73%
GM88.690-0.96%
F12.271-0.0987%
RIVN13.700-0.31%
CYD20.620-0.04%
HMC34.880-0.96%
TM214.780-3.73001%
CVNA73.020-3.235%
PAG213.4400.65%
LAD305.820-4.98%
AN184.140-1.92%
GPI264.180-4.28%
ABG206.380-3.84%
SAH62.220-0.93%
TSLA379.7801.73%
GM88.690-0.96%
F12.271-0.0987%
RIVN13.700-0.31%
CYD20.620-0.04%
HMC34.880-0.96%
TM214.780-3.73001%
CVNA73.020-3.235%
PAG213.4400.65%
LAD305.820-4.98%
AN184.140-1.92%
GPI264.180-4.28%
ABG206.380-3.84%
SAH62.220-0.93%

Fisker recalls thousands of Ocean SUVs in U.S. and Europe due to software issues

The EV maker assured that the recall does not impact vehicles updated to OS 2.1
Electric vehicle startup Fisker announced on Wednesday that thousands of Ocean SUVs in North America and Europe are being recalled due to software issues, necessitating an over-the-air software update.

Electric vehicle startup Fisker announced on Wednesday that thousands of Ocean SUVs in North America and Europe are being recalled due to software issues, necessitating an over-the-air software update.

The recall affects 11,201 Oceans across the U.S., Canada, and Europe. Fisker identified potential issues with the Motor Control Unit and Vehicle Control Unit software, which could cause the vehicle to lose motor power. Additionally, Fisker recalled 6,864 Oceans in the U.S. and 281 in Canada for non-compliance with federal vehicle safety standards related to gauges and telltale icons in the cluster display.

Fisker assured that the recall does not impact vehicles updated to OS 2.1 and anticipates completing the software update process by June 30, 2024. The company informed its dealers of the recalls on May 30 and plans to notify owners by June 30.

The recalls come amid a challenging period for Fisker. Reuters reported potential financial instability in February due to high interest rates slowing demand. Further setbacks included a collapsed deal with a large automaker in March and the New York Stock Exchange announcing plans to delist Fisker’s shares due to low price levels. Additionally, the U.S. auto safety regulator opened an investigation into the 2023 Ocean in April due to complaints about doors failing to open, adding to previous probes concerning brake issues and unintended vehicle movement.

Despite these challenges, Fisker delivered 4,929 Oceans in 2023 and, as announced in its most recent financial report in February, expects to produce between 20,000 and 22,000 vehicles in 2024.

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