The Fisker Ocean is a mid-size crossover SUV that was part of Fisker's lineup of all-electric vehicles designed by Henrik Fisker. Released in 2023, the Ocean aimed to be a mass-market electric vehicle, offering sustainability and style. Fisker made a strategic decision to outsource production of the Ocean to Magna Steyr, an Austrian contract manufacturer, in efforts to streamline production and reduce costs. The decision to utilize Magna's electric vehicle platform gave the Ocean a strong foundation for manufacturing. In October 2020, Fisker announced this partnership, which also included giving Magna a stake of up to 6% of Fisker equity. By June 2021, the manufacturing deal was