Foxconn will build the Fisker PEAR electric SUV at its new Ohio factory starting in 2024.
factory in Lordstown, Ohio, means the contract manufacturer will be able to begin producing the Fisker PEAR compact SUV as early as 2024.PEAR is an acronym for "Personal Electric Automotive Revolution" and California-based Fisker said the vehicle will have a base price of $29,900.
The Foxconn factory is scheduled to begin production of the Lordstown Endurance electric pickup this year. The Lordstown factory will have the capacity to produce a minimum of 250,000, but Fisker founder and CEO Henrik Fisker said on the automaker's Q1 earnings call that the company is aiming to build up to 1 million annually by 2027, without specifying if another plant would be needed.
Fisker also said the PEAR name started as a joke in regard to Foxconn's relationship with Apple, but denied speculation that Fisker was working on a partnership with Apple to build a car for it."I don't know if you can say you can't compare Apples to PEARs, but I definitely think a PEAR is going to be such a unique, amazing vehicles, but there is absolutely no deal or talks with Apple, the company, at this point in time," he said.
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