Telangana, among the Indian States, is popular among the global EV manufacturers. And little wonder that Fisker Inc, has established its India headquarters in Hyderabad, which is the capital city of Telangana State. The Hyderabad office will contribute to software and virtual vehicle development.
The announcement comes on the back of Telangana's Minister for IT and Industries K T Rama Rao visit to Fisker's Manhattan Beach, California HQ recently. Fisker US management is also preparing to visit Telangana.
The Hyderabad office will contribute to software and virtual vehicle development.
"Our expansion into India represents both a strategic market opportunity and a significant boost to our global engineering capabilities," Fisker Chairman and CEO Henrik Fisker said in a statement.
"We have already started local hiring in India and expect our new team in Hyderabad to be fully operational and engaged on multiple product programs within weeks. Our talent pool in India will help us pave the way for the launch of Fisker Ocean and Fisker PEAR in India."
What will Fisker do in India?
According to the company, its Indian entity, Fisker Vigyan India Pvt Ltd, will focus on software development and embedded electronics, virtual vehicle development support functions, data analytics, and machine learning. The Hyderabad office will work alongside the Fisker engineering and product development facilities in California, USA.
"In the global race for leading technical talent, we see our new operation in Hyderabad as a major strategic advantage. We are excited to tap into the growing talent pool in India," Fisker added.
Fisker currently has a global team of over 450 employees, with new hiring in US, Europe and India projected to boost that number to over 800 by the end of 2022, with 200 potential jobs being created in India.
Meanwhile, Fisker will commence production of the Fisker Ocean SUV on November 17, 2022, at the carbon-neutral factory of Fisker's manufacturing partner, Magna Steyr, in Graz, Austria.
The Fisker Ocean, in Sport trim level, will have an estimated range of275 miles or 440 kilometers and a sustainable interior made from recycled materials.
The Fisker Ocean Extreme will deliver up to an estimated range of 390 miles or 630 kilometers. Fisker worked extensively with battery supplier CATL, using two different chemistries, to maximize performance and minimize cost for the Fisker Ocean lineup.
The EV will be built on a new lightweight platform created by Fisker and Foxconn will be sold in India, too and is expected to be priced below $30,000 (around Rs 22 lakh).
