The Fisker (NYSE:FSR) Ocean SUV appears to be plagued with problems that cause the vehicle to lose power suddenly, lock out owners, and lose braking power, according to complaints viewed by TechCrunch.
Since its introduction last June, the vehicle has been fraught with problems. The company has received complaints from more than 100 owners of loss-of-power incidents, with another 200 complaining of problems with the car that include braking issues, being locked out of, or inside, the car, seat sensors that don’t detect drivers, and the front hood suddenly flying up when the car is driving at high speeds.
The company told TechCrunch, the issues with the car are “rare” and have been mostly resolved with software updates, and that fixes for the other problems have either been implemented or will be addressed with a software update scheduled for next week.
But evidence obtained by TechCrunch indicates the issues with the car have been documented as far back as July 2023 with Fisker (FSR) making only minimal efforts to address.
Fisker (FSR) has had challenges with the Ocean SUV almost from the start that have saddled the company with costly repairs. The recent loss-of-power issues could be attributed to rapidly drained batteries, the cabin water pump, or a faulty advanced driver assistance system.
The extent of the problems have even prompted some drivers to initiate lawsuits against the company for failing to make timely repairs as required under California’s Song-Beverly Act. The law states that if a manufacturer cannot repair a product in a reasonable number of attempts, they must either buy-back the vehicle or replace it.
Shares are down 1.1% on Friday.
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- Source: https://seekingalpha.com/news/4065263-fisker-facing-multiple-complaints-ocean-suv?utm_source=feed_news_all&utm_medium=referral&feed_item_type=news
