Project PEAR is slated to go into production in the fourth quarter of 2023, but a site hasn’t been selected yet. However, the automaker said several locations are under consideration in the United States and “other global manufacturing sites [are] under study for future production.”
If everything goes according to plan, the EV will be sold in major markets including North America, Europe, China and India. The company also intends to build more than 250,000 units annually.
While a lot of work still needs to be done, Fisker said several milestones have already been achieved including the freezing of Project PEAR’s exterior design. Sourcing is also underway and the company will rely heavily on Foxconn to secure chipsets and semiconductors.
Production of the Fisker Ocean isn’t scheduled to start until the fourth quarter of 2022 and already, Henrik Fisker is planning the automaker’s next model.
The chief executive believes the next Fisker vehicle will be a global game-changer. It will come to life thanks to a recently-announced partnership with Foxconn that will see the Taiwanese company build the vehicle from the fourth quarter of 2023. Upwards of 250,000 units could be produced annually.
Speaking about the vehicle, Fisker recently told
Auto News that the new model will cost “much less” than the Ocean which will start at $37,500 before the $7,500 federal tax credit. He added that despite its affordability, it will still be premium and have a design unlike any other car on sale.