Electric vehicle (EV) producer Fisker, who recently launched its Fisker Ocean electric sports utility vehicle (SUV), has announced it has established its new India headquarters in the southern city of Hyderabad, Telangana State.
Fisker Vigyan India Pvt Ltd, the company’s operating entity in Telangana, 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.
This is great news for India which has been embracing electric vehicles. Now several carmakers are producing vehicles and components here thanks to favourable production costs.
These include Hyundai and Kia, alongside Indian brands that include Mahindra and Tata. There have also been talks about Tesla setting up in the country too.
Henrik Fisker, Fisker Chairman and CEO, said: “Our expansion into India represents both a strategic market opportunity and a significant boost to our global engineering capabilities.
“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.”
Fisker currently employs a team of 450 people around the globe. With new hiring taking place in the US, Europe and India this is expected to grow to over 800 by the end of the year. In India, the company expects around 200 jobs to be created.
Fisker added: ”In the global race for leading technical talent, we see our new operation in Hyderabad as a major strategic advantage. I would also like to thank the State of Telangana for their support and enabling us to make a fast start as we set up our initial operations. We are excited to tap into the growing talent pool in India.”
Fisker will start production of the Fisker Ocean electric SUV in November. This will take place at the carbon-neutral factory of Fisker’s manufacturing partner, Magna Steyr, in Graz, Austria.