Fisker Pear Reservations Hit 5,600
YOUNGSTOWN, Ohio – Fisker Inc. reported earlier today that reservations for its Fisker Pear electric vehicle have surpassed 5,600 units.
“The Pear program is progressing well,” Fisker CEO Henrik Fisker said on a conference call Monday related to the company’s earnings. “We achieved our goal of a drivable Pear prototype by year-end last year.”
In November, the Los Angeles-based EV manufacturer reported 5,000 Pear reservations.
Fisker announced in May 2022 that it plans to build the Pear at Foxconn’s plant in Lordstown. The companies have signed a framework agreement, but no final contract manufacturing deal between the two companies has been announced.
The Pear, an acronym for Personal Electric Automotive Revolution, is the second EV Fisker will launch. In November, the company began production of its Fisker Ocean, an all-electric SUV from a factory in Granz, Austria.
Reservations for the Ocean stand at approximately 65,000 vehicles, Fisker said. To date, 56 Oceans have been produced, he added.
The EV startup also released new images of the Pear depicting in more detail its exterior design. Some of the features include a continuous light strip around the rear window for the rear lighting, Fisker said, along with an integrated, high-mounted brake light.
“The vehicle sits a bit higher off the ground, even though it looks quite sporty,” Fisker said. “That is combined with this big canopy that might be the most advanced windscreen for a modern car.”
He said the Pear should achieve a battery range of more than 300 miles.
The company has said it wants to manufacture as many as 250,000 EVs at Foxconn’s plant. In May 2022, Foxconn purchased the factory, a former General Motors assembly plant, from Lordstown Motors for $230 million.
Fisker has said production of the Pear is expected to begin during the second half of 2024 and start at a base price of $29,900.
The EV startup reported a loss of $170.1 million during the fourth quarter. Shares of Fisker jumped 27% during midday trading to $7.22 per unit.
Copyright 2024 The Business Journal, Youngstown, Ohio.