The stock of EV start-up Fisker (NYSE: FSR) jumped more than 5% Thursday morning, extending a nearly 10% gain on Wednesday. The stock is now up almost 25% over the last two weeks. As of 11:05 a.m. ET, Fisker shares remain higher by 4.6% on the day. 

The stock's rise has come after the company announced last week that its electric Ocean SUV received European regulatory approval for sale. It said sales in Europe will begin tomorrow, May 5. This week, Fisker informed investors of a new partnership that offers a further glimpse into the company's strategy.

Its partnership with energy company Ample will give customers the option to purchase the Ocean with swappable batteries made with Ample's technology. Ample and Fisker will share in the revenue generated from the battery-swapping system. The new battery option will be available by the first quarter of 2024. 

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Source Fool.com