Fisker Unveils EV Model Planned for Foxconn Plant

LORDSTOWN, Ohio – Electric-vehicle manufacturer Fisker Inc. publicly unveiled Aug. 3 the compact, tech-heavy and sporty EV crossover that it wants to build at the Foxconn plant in Lordstown.

Fisker founder and CEO Henrik Fisker presented its Pear EV and two future products – the Ronin EV convertible and the Alaska EV pickup – during its first Vision Day in Los Angeles.

Fisker and Foxconn have an agreement in principle to build the Pear at Foxconn’s Lordstown complex, although no final deal is in place.

“We continue to work with Foxconn on finalizing plans for an innovative manufacturing setup that we will require for this unique engineered Pear,” Fisker told investors during a subsequent conference call Aug. 4.

“When you deal with contract manufacturing, it’s a little different because you have to go through all the details of each vehicle to understand the exact cost of assembly,” he said.

Fisker and Foxconn announced in May 2022 that they planned to partner on production of the Pear at the Lordstown plant, which Foxconn purchased from Lordstown Motors Corp. that same month.

The Fisker Pear – an acronym for Personal Electric Automotive Revolution – is expected to be on sale to consumers by mid-2025, Fisker said. He confirmed that the price tag would begin at $29,900.

Since the vehicle would be built in the United States, buyers could qualify for a tax credit of up to $7,500 on the EV. “That means the price would be $22,400,” Fisker said.

The Pear comes equipped with storage capabilities in the front and rear and technical features that Fisker said are revolutionary for a vehicle this size.

The EV includes a dashboard with additional storage capability and a “Houdini trunk” that doesn’t require a hatch. Instead, the back window automatically slides down and the trunk floor is raised. Once filled, the trunk floor lowers and the window closes.

The Pear also features a “lounge mode” in which the front and back seats are folded back so passengers can relax. The five-seat version of the vehicle comes with a 17.1-inch rotatable screen, “which means you can just lounge in this and watch a movie.” The Pear will also come in a six-seat model.

The exterior design of the vehicle features a wrap-around windscreen that allows drivers a panoramic view.

“This vehicle is sitting on a new platform called SLV 1,” Fisker said, meaning Simple, Life and Volume.

The design team was able to reduce the parts count by 35%, he said, which allows it to reduce manufacturing costs and sell at an affordable price.

“The Pear is our vision of a sustainable EV as a connected mobility device,” Fisker said.

The EV would be powered by a new supercomputer that is under development, he said.

Pictured at top: Fisker founder and CEO Henrik Fisker introduces the Pear EV.