Deutsche Bank AG Acquires 32,682 Shares of Fisker Inc. (NYSE:FSR)

Deutsche Bank AG is a German multinational investment bank and financial services company headquartered in Frankfurt, Germany. The bank operates globally and provides a range of financial products and services, including corporate banking, investment banking, asset management, and retail banking.

Fisker Inc. is an American electric vehicle (EV) manufacturer based in California, USA. The company was founded in 2007 by Henrik Fisker and has since developed and produced several EV models, including the Karma GT and the Ocean One.

In its most recent filing with the Securities and Exchange Commission (SEC), Deutsche Bank AG disclosed that it had raised its holdings in shares of Fisker Inc. NYSEFSR by 33.9% during the third quarter of 2021. The bank owned a total of 161,780 shares of the company's stock after acquiring an additional 32,682 shares during the quarter.

Deutsche Bank AG's investment in Fisker Inc. reflects its belief in the potential of the EV market and the company's innovative technology. The bank has been actively investing in the EV industry in recent years, recognizing the growing demand for sustainable transportation solutions and the significant opportunities for growth in this sector.

Fisker Inc. has also been making strides in the EV market, with plans to launch several new models in the coming years, including the Ocean One SUV and the Fisker Pear. The company has received significant support from investors, including Deutsche Bank AG, which has recognized the potential for growth in the EV market and the importance of investing in companies that are at the forefront of this industry.