Asian Tech Press (Nov 03) -- Electric vehicle startup Fisker said it had reached a battery supply agreement with CATL for its flagship Ocean SUV.

Fisker said CATL has agreed to supply two different battery solutions for the company's Ocean SUV, with an initial battery capacity of more than 5GWh per year from 2023 to 2025.

Fisker will unveil the final production version of the Ocean SUV at the Los Angeles Auto Show on Nov. 17 and said it expects to start production and delivery of the model next November.