Fisker Inc (NYSE:FSR) shares jumped around 6% in pre-market trading after the firm said it expects to reach its target of deliveries of 300 vehicles a day later this year.
The Los Angeles-based electric vehicle (EV) maker said it has manufactured 5,000 Fisker Ocean all-electric SUVs, up from 3,123 as of September 7, the last time it offered an update.
Chairman and CEO Henrik Fisker said. “As we complete the third quarter and move into the fourth, we are preparing to significantly increase our pace of deliveries in the US and Europe."
The company has delivered over 900 customer vehicles in its Europe and US launch markets with several hundred more expected to be delivered this week.
"We are expanding both our teams and our physical locations, and we are targeting deliveries of 300 vehicle per day to meet strong demand for the Fisker Ocean," Fisker added.