Santander Consumer Finance has been appointed by Fisker, the Californian electric vehicle maker, as its UK finance provider.

The partnership will see Santander Consumer Finance support Fisker’s launch and expansion in the UK, following the opening of its first Fisker Lounge at Westfield London.

Santander Consumer Finance will provide a choice of finance solutions covering Personal Contract Purchase (PCP), Personal Contract Hire (PCH), Conditional Sale (CS) and Business Contract Hire (BCH).

Stewart Grant, Santander Consumer UK’s Commercial Director, said: “We are delighted to have been chosen by Fisker as its retail finance partner and to play a key role in supporting this exciting new brand’s rollout plans for the UK and across Europe.

“We share Fisker’s dedication to quality, reliability and sustainability and look forward to working alongside them over the coming years to achieve their strategic goals.”

According to a statement by the company, Santander Consumer Finance is already providing finance for customers buying Fisker’s debut model, the recently launched Ocean SUV.

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CEO and Founder Henrik Fisker said: “With our vision for a clean future for all, we want to make the Fisker Ocean accessible for larger groups of customers through attractive finance offers.

“As a new EV brand in the market, we appreciate being able to give our customers the opportunity that goes with choosing a financing option provided by Santander Consumer Finance, one of Europe’s largest consumer finance companies.”

Santander Consumer Finance’s partnership with Fisker takes its total number of manufacturer partners in the UK to 18 and follows the recent signing of BYD.

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