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Fisker (NYSE:FSR) announced on Friday that is started the final over-the-air software update of the year for the Fisker Ocean all-electric SUV.
The electric vehicle maker expects to completely implement the update for the last customer cars by the end January of 2024. The OTA update, which can be authorized remotely by all Fisker Ocean owners, follows the previous major OTA software update– Version 1.10 in November. CEO Henrik Fisker said the update addressed issues and offered a range of new features with both Versions 1.10 and 1.11 in 2023. Fisler (FSR) expects to maintain the pace of its updates in 2024. Beyond the two major OTA updates in 2023, Fisker (FSR) also undertook a number of factory updates prior to November, in order to ensure that vehicles were current with the latest software before deliveries in significant numbers began to customers.
Fisker (FSR) said it plans to continue its robust approach to software updates, noting that it is making a strategic shift to a staged roll-out plan to take advantage of learnings from previous releases and to properly test the over-the-air pipeline. In Q1 of 2024, Fisker expects further updates to improve the SolarSky roof capabilities; enhance the torque split between front and rear wheels; introduce a hill-holding function and one-pedal driving; alter the external vehicle sound and adjust the sound of the lock-unlock audio cues in response to customer feedback; improve key fob functionality; enhance the audio experience; introduce a Pet Mode for pet comfort; and add ADAS features, among improvements.
Shares of Fisker (FSR) rose 9.68% in premarket trading on Friday after a 4.73% gain on Thursday.