Fisker Inc. (NYSE: FSR) (“Fisker”) — passionate creator
of the world’s most sustainable electric vehicles and advanced mobility solutions — confirms that it will produce its second vehicle, the Fisker PEAR, at a factory Foxconn (Hon Hai Precision Industry Co. Ltd.) has acquired in Ohio.
The Fisker PEAR will enter production in 2024. Both the Fisker and Foxconn teams are fully engaged and expect to build a minimum 250,000 Fisker PEAR units a year at the plant, after a ramp up.
“The PEAR will be a revolutionary electric vehicle that won’t fit into any existing segment,” Fisker Chairman and CEO Henrik Fisker said, adding that he plans to visit the factory with a team of engineers on Friday, May 13, 2022.
The Fisker PEAR follows the company’s first vehicle, the Fisker Ocean, which starts production in Austria on November 17, 2022. The Fisker PEAR will have an expected base price below $29,900 before incentives. Fisker has designed and engineered the vehicle to reduce parts for rapid, simplified manufacturing. The Fisker PEAR will be built on a new architecture, and the platform will underpin two additional models that Fisker will introduce at a later date.
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