: Fisker to deliver first EV transport to Pope Francis next year

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Fisker Inc. said Friday that, following a private audience with Pope Francis, it will deliver the first all-electric papal transport next year.

The company said the specially created, singular version of the Fisker Ocean SUV will have an all-glass dome.

“I got inspired reading that Pope Francis is very considerate about the environment and the impact of climate change for future generations,” said co-Founder Henrik Fisker. “The interior of the Fisker Ocean papal transport will contain a variety of sustainable materials, including carpets made from recycled plastic bottles from the ocean.”

California-based Fisker
FSR,
-1.36%

said it plans to start production of Fisker Ocean SUVs on Nov. 17, 2022. Prices start at $37,499 in the U.S., excluding applicable subsidies, and at EUR32,000 in Germany, including VAT and applicable subsidies. Premium versions, with a range of 350 million, will also be available.

The company said there are currently more than 16,000 reservation holders for the Ocean.

Fisker’s stock rose 2.4% in premarket trading Friday. It has rallied 9.9% over the past three days, after the company reported first-quarter results that showed losses that widened to $176.8 million and forecast a rise in expenses.

The stock has shed 15.8% year to date through Thursday. In comparison, shares of fellow EV makers Tesla Inc.
TSLA,
+4.14%

have declined 16.9% this year and Nikola Corp.
NKLA,
-1.01%

have lost 16.3%, while the S&P 500 index
SPX,
+1.06%

has gained 10.7%.