US : Fisker Inc. - FSR | Initiating at Market Perform: Crowded Space and Margin Questions, but Valuation Is Intriguing

While electric vehicle adoption is progressing more rapidly in fleets as compared to the consumer market, there is plenty of opportunity in light-duty EVs. The degree of competition, involving legacy automakers as well as new entrants, is intense, and will become even more so. In a crowded landscap