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Fisker and Taiwan's Foxconn to build electric cars in US Issued on: 14/05/2021 - 08:54 Fisker is one of a host of US-based electronic car startups hoping to one day challenge Tesla's supremacy FABRICE COFFRINI AFP/File 3 min Taipei (AFP) Taiwanese tech giant Foxconn announced Friday it has teamed up with American electric car startup Fisker to build a factory in the United States with a goal to start producing vehicles in late 2023. The companies said in a joint statement that they have signed framework agreements to jointly develop "a new breakthr...

Fisker, Foxconn Firm Up Plan For Sub-$30,000 EV, Target U.S. Production By Late 2023 Share to Facebook Fisker Inc. Fisker Inc., the Los Angeles-based electric vehicle startup led by auto designer Henrik Fisker, firmed up plans to produce a mass-market EV with manufacturing giant Foxconn and start building it in the U.S. by late 2023–potentially at Foxconn’s underutilized industrial site in Wisconsin.  The companies signed an agreement for the so-called Project PEAR (an acronym for personal electric automotive revolution) Thursday and said they intend to sell the small, five-passenger veh...

If the name Project PEAR does not ring any bells, don’t fret. Nobody’s ever heard of it before, but come 2023, it is supposed to “disrupt every convention in the auto industry.”