Summary

  • The 2023 Fisker Ocean Extreme falls short in terms of efficiency compared to rivals like the Tesla Model Y, with lower MPGe and higher energy consumption per mile.
  • Despite its shortcomings, the Fisker Ocean Extreme offers the longest range among new electric SUVs priced under $200,000 in the U.S., giving it an edge in the market.
  • Fisker's Ocean SUV exceeds the Tesla Model Y in terms of range, with a 360-mile range per charge compared to the Model Y's 330 miles, which could attract buyers despite its lower efficiency.

Introducing the highly anticipated 2023 Fisker Ocean Extreme – an all-electric marvel that has sparked excitement for its budget-friendly pricing, extensive range, and eye-catching design. However, the buzz surrounding the Fisker Ocean isn't without its caveats. While it boasts impressive attributes on paper, a closer comparison reveals some significant gaps in efficiency, particularly when pitted against formidable rivals like the Tesla Model Y.

Let's delve into the numbers: The Fisker Ocean Extreme / One claims a combined city/highway MPGe of 92, with a city MPGe of 99 and a highway MPGe of 84. It consumes 37 kWh of electricity per 100 miles, offering a total range of 360 miles. On the other hand, the Tesla Model Y Long Range EV boasts a combined city/highway MPGe of 122, city MPGe of 127, and highway MPGe of 117. It consumes 28 kWh of electricity per 100 miles, providing a total range of 330 miles.

The discrepancy becomes even more evident when compared to the Tesla Model Y Performance AWD, with its combined MPGe of 111, city MPGe of 115, highway MPGe of 106, and energy consumption of 30 kWh per 100 miles, leading to a total range of 303 miles. These numbers don't lie: Fisker isn't performing as well as the competing models on the market.

Related: Here's What Makes Fisker Different From All The Other EV Start-ups

The 2023 Fisker Ocean Extreme Isn't Up To Par

Fisker Ocean
Fisker
  • Although impressive, the 2023 Fisker Ocean Extreme lacks MPGe.
  • This electric SUV doesn't beat out Tesla in efficiency.

With the impending introduction of the long-awaited Fisker Ocean Extreme looming, we're unsure if this SUV is ready for the road. Although a stunning concept and okay performance, Fisker's electric SUV model isn't going to shake the industry like it desperately needs to. For instance, according to EPA estimates, this EV claims a combined city/highway MPGe of 92, with a city MPGe of 99 and a highway MPGe of 84. Compared to the Tesla Model Y Long Range's combined city/highway MPGe of 122, city MPGe of 127, and highway MPGe of 117, this doesn't raise our eyebrows for the right reason.

After all, the SUV space has been long competitive, with electric versions quickly becoming the epicenter of the market. We're seeing consumers flock to electric and hybrid SUVs in droves, as people want something spacious and powerful. It's also worth noting Fisker is a new brand on the scene, with many drivers not knowing them. The Ocean Extreme and limited edition One was supposed to be that introductory model for the brand, but with a lackluster MPGe, we're not as hopeful.

One positive is that although the Ocean doesn't perform amazing on highways or in cities regarding its range/MPGe, it will be the longest-range new electric SUV priced under $200,000 in the U.S. This is still a letdown for anxious drivers, as most want a vehicle they can rely on for long periods when traveling on the highway or in busy city traffic. Fisker should have realized this, figured out a way to improve MPGe, and then released this SUV.

Related: 2025 Fisker Pear: Everything We Know So Far

The Fisker Ocean Extreme SUV Goes 2.7 Miles Per kWh

2024 Fisker Ocean
Fisker

One of the more surprising aspects of the 2023 Fisker Ocean Extreme and limited edition Ocean Extreme One is that this electric SUV doesn't have the efficiency of its Tesla competitor, Model Y. You'd think Fisker would be neck and neck with the rival US company. Still, instead, they chose to fall lower down the totem pole, closer to that of a Mustang Mach-E.

One of the most pressing issues with the Ocean's efficiency is that on highways and in traffic-congested conditions, you can only expect it to go 2.7 miles per kWh. Specifically, this electric SUV's combined efficiency is 92 MPGe, where a gallon of gas equals 33.7 kWh. Oceans' average consumption is 37 kWh/100 miles, which means it goes 2.7 miles per kWh: not great news.

The Model Y Long Range trim consumes 28 kWh of electricity per 100 miles, nine kWh less. When you release a new electric SUV into an already competitive space and don't give drivers better efficiency than existing options, this can be devastating to your brand. Fisker should figure out a way to make the next model year of the Ocean far more efficient in terms of MPGe to get people talking, or else this could be a short-lived fleet.

Tesla and Fisker are already being compared by nearly every online news network/publisher, so to bring a highly-anticipated vehicle to market when it isn't better than the competition is a major mistake. Again, the Ocean Extreme and limited edition version are estimated to have 360 miles of range per charge, which does give it the edge over Tesla and other automakers. That is the saving grace (for now) that Fisker can use in marketing, although we aren't sure how far that will take them.

Related: Why The Fisker Alaska Electric Pickup Will Be A Huge Success

Tesla vs. Fisker: Why This Matters

Red Tesla Model Y driving
Tesla

Naturally, Fisker, being another U.S.-based EV manufacturer, brings it toe to toe with Tesla. As of now, Fisker has dazzled with its mockups, press releases, and estimates for sales and pre-orders, but they haven't cemented itself as a reliable brand in North America or the electric sector. It takes millions of dollars to run a successful introductory campaign in the auto market and specs that keep people talking. The Ocean has always been a point of sale for the company, as it is considered the future of Fisker and its design.

It's also worth mentioning that per February/March reports, Fisker had "approximately 65,000" reservations for the Ocean, up slightly from "over 62,000″ as of its prior earnings report. These are pretty good numbers, all things considered, and are expected to increase significantly as we enter Q4 of 2023 and Q1 and 2 of 2024. Could this lack of efficiency not matter to most drivers? We'll have to wait and see.

2023 Fisker Ocean Extreme Specs

Motor

Dual-motor all-wheel-drive powertrain

Horsepower

275 horses

Torque

278 pound-feet

Battery

113 kWh / 106 kWh

Range

360 miles

MSRP

$68,999

So, you can see there are many reasons to choose this car over a Tesla Model Y and many reasons not to. The issue is this space is cut-throat, and in terms of the efficiency of Ocean Extreme, Fisker is not making it.

Related: Why The Fisker Brand Deserves More Love Than It Gets

The Future Of Fisker Ocean Looks Promising

Silver 2023 Fisker Ocean
Fisker Media
  • Fisker's Ocean SUV beats Tesla's Model Y in range (by 30 miles).
  • Pre-sales for the 2023 Ocean Extreme have been greater than expected.

Although this electric SUV isn't perfect, many reasons exist to applaud it. First, we haven't seen a 360-mile range on a larger EV yet, which will introduce a new source of competition in the EV sphere. Typically, electric SUVs have lackluster battery ranges because of their weight, which Fisker promised to combat with the Ocean's release. Considering that a Tesla Model Y only goes 330 miles per charge, Fisker does beat it by 30 or so miles, depending on driving conditions.

Would it have been nicer to see Fisker hit the market with a 400-500 mile range? Of course. However, we're happy to see range increasing across the SUV and sedan sector and hope this dramatically improves into 2030. With Fisker reporting higher-than-expected pre-sales of this SUV model, this could be the start of something great for the U.S. startup. 2023 could be the year of Fisker and its various models.