shares of fisker on friday climbed after the electric vehicle company said it exceeded its production target late in june and that it is investing more money so it can produce at higher volumes than originally expected next year the shares rose 71 to 618 at 1246 pm et the stock which has increased 14 in the past three months is down 15 this year the manhattan beach calif company said it expects to produce more than 1400 evs in early july as it exceeded its rate of 80 units per day at the end of june during the second quarter fisker said it produced 1022 of its classleading fisker ocean sports utility vehicles suvs in austria for customers as well as for marketing and engineering purposes fisker is investing in additional battery pack capacity to protect the compressed manufacturing timeline this year and support higher volumes than originally anticipated next year the company added