Fisker Teases New Image of Pear; Expects to Unveil Prototype Earlier
LORDSTOWN, Ohio – Fisker Inc. CEO Henrik Fisker says the electric-vehicle manufacturer will likely unveil a prototype of its Project Pear earlier than anticipated.
“I expect, we will show a Pear prototype earlier than I originally stated,” Fisker announced on his Instagram account over the weekend.
Fisker did not disclose precisely when the vehicle would be unveiled to the public. The CEO told The Business Journal in October 2021 that the Pear would not be made public until late 2023, shortly before the vehicle moves into production.
The Pear, an acronym for Personal Electric Automotive Revolution, is scheduled for commercial production at Foxconn’s Lordstown assembly complex in 2024. Fisker said in earlier statements that the company expects to manufacture 250,000 of the EVs at the plant.
The California-based company has projected it could produce one million units from various factories worldwide by 2027.
Fisker also teased a new image of the Pear on his latest post. The vehicle, he says, defies classification and will open with a base price of under $29,900.
“We are currently working full-speed on re-defining on how to make an inexpensive car,” Fisker wrote in his post. “Reducing parts. Make them simpler. Adding technology & unique features to replace tradition!”
Fisker is in the early stages of production of the Ocean, a small SUV that is manufactured in Austria. Commercial deliveries of that vehicle should begin in November.
While the Ocean is priced at $37,499, the Pear is in a whole different price segment, Fisker said in his post. “The PEAR is a class smaller vehicle with a Non SUV design,” he wrote in his latest post.
As of early May, more than 2,500 reservations had been placed for the as yet unseen EV, Fisker told analysts during a conference call.
Fisker and Taiwan-based Foxconn entered into a contract manufacturing agreement to build the Pear in early 2021. Earlier this month, Foxconn purchased the 6.2 million-square-foot Lordstown plant from EV truck manufacturer Lordstown Motors Corp. for $230 million.
Lordstown Motors also secured a joint venture partnership with Foxconn along with a contract manufacturing agreement to produce the all-electric Endurance pickup and future vehicles out of the plant.
Published by The Business Journal, Youngstown, Ohio.