On October 15, 2020, Fisker announced it would outsource production of the Ocean to
Magna Steyr, an Austrian contract manufacturer, in order to reduce the complexities and costs related to the building and operating its own factory. Fisker utilised Magna's electric vehicle platform, and gave Magna a stake of up to 6% of Fisker equity. In November 2021, Fisker and
Contemporary Amperex Technology (CATL) announced a deal for CATL to supply two different battery packs for the Fisker Ocean SUV. The primary high-capacity pack uses a
lithium nickel manganese cobalt oxide cell chemistry, and the second pack uses CATL's cells based on
lithium iron phosphate chemistry. The Fisker Ocean was presented at the
Mobile World Congress in Barcelona in February 2022. On June 1, 2023, the Ocean Extreme was reported to achieve an EPA range of 360 miles (579 km). It was offered in both front and all-wheel drive. The Ocean has experienced more than 100 loss-of-power incidents as well as other technical problems after delivery, resulting in three
National Highway Traffic Safety Administration investigations into different issues and multiple
recalls. In March 2024, due to the financial difficulties faced by Fisker Inc, production of the Ocean was paused for six weeks in order for the company to "align inventory levels and progress strategic and financing initiatives.” The company warned that bankruptcy was imminent and could occur within weeks. In June 2024, the company announced it had filed for bankruptcy and was indefinitely suspending production of the Ocean. Fisker Ocean Motorworld Munich 1X7A0120.jpg|Interior 2023 Fisker Ocean One in Marine Layer (rideshare), front left.jpg|Fisker Ocean from the American Lease fleet, being used as a rideshare car in NYC Fisker Ocean American Lease.jpg|Part of the American Lease fleet in New York City, after the bankruptcy sale ==Pre-orders==