Cookie Consent by Free Privacy Policy website Fisker and Foxconn Confirm Fisker Pear Production in Ohio
may 12, 2022 - Fisker

Fisker and Foxconn Confirm Fisker Pear Production in Ohio

  • Fisker partner #Foxconn has completed its acquisition of an operational 6.2-million-square-foot vehicle manufacturing facility in #Ohio.
  • Fisker and #Foxconn will build Fisker's second vehicle, the #Fisker PEAR, at the factory.
  • The #Fisker PEAR will start production in 2024 and have an expected base price below $29,900.
  • Fisker and #Foxconn intend to build a minimum of 250,000 PEAR vehicles a year once the plant has ramped up production.

LOS ANGELES (May 12, 2022) – 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 #henrikFisker 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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