Fisker Inc has established its India Headquarters in Hyderabad, Telangana. It is a NYSE-listed electric car company based in California. KT Rama Rao (Telangana’s IT and Industry Minister) recently visited Fisker’s headquarters in Manhattan Beach, California, ahead of the completion of the deal. According to reports, the company’s India branch will be named ‘Fisker Science India Pvt Ltd’.
Fisker Science will collaborate with Fisker’s California Engineering and Product Development Centers. It will also focus on software development, embedded electronics, support functions for virtual vehicle development, data analytics and machine learning.
“Our expansion into India represents both a strategic market opportunity and a significant addition to our global engineering capabilities,” said Henrik Fisker, the company’s chairman and CEO.
Read also: Yamaha launches NEO and E01 electric scooters in India
Fisker expects to expand its worldwide workforce from more than 450 employees to over 800 by the end of this year, thanks to expansion in India and new employees in the United States and Europe. The expansion is expected to create around 200 potential jobs, with the recruitment and recruitment of local staff has already begun.
Production of the all-electric Fisker Ocean SUV will begin on November 17, 2022 at the site of Fisker’s manufacturing partner Magna Steyr in Graz, Austria.
“In the global race for leading technical talent, we see our new operation in Hyderabad as a major strategic advantage. I would like to thank the state of Telangana for their support and for enabling us to make a swift start as we establish ourselves. I would like to thank you for the initial operations. We are excited to tap into the growing talent pool in India,” Fisker said.
Currently, the company has a global team of over 450 employees. The workforce is projected to grow to over 800 by the end of 2022 with new hires in the US, Europe and India.
The Fisker Ocean is a competitor to the Tesla Model Y, with a range of up to 440 km (WLTP test cycle) in the Sport trim and 630 km in the Extreme trim. Fisker had earlier considered introducing the Ocean SUV in India, but the company is yet to make an official announcement on the matter.
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