There is no challenge but is good that they try to compare with the Best of the best = Tesla $Tesla Motors(TSLA)$

Fisker unveils electric SUVs to beat Tesla over driving range

- U.S. startup $Fisker Inc$ unveiled electric sport utility vehicles on Wednesday and claimed they would have higher driving ranges than $Tesla Inc$'s Model Y vehicles.With production of its Ocean electric SUVs planned for next November, Fisker is set to join peer $Lucid Group Inc$ in challenging Tesla's lead in battery technology.Automakers and battery manufacturers are racing to ramp up production and develop advanced electric-vehicle batteries - key components of EVs whose demand is expected
Fisker unveils electric SUVs to beat Tesla over driving range

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