LORDSTOWN — Fisker Inc.’s second electric vehicle, the PEAR, to be built in Lordstown, is in “Full product development” and will contain “many unique and unprecedented features in the world”, depending on the company.
The Southern California-based company’s second-quarter financial report released Thursday contains new details about the crossover, including vehicle reservations topped 4,000, from about 3,200 the company reported in June.
The PEAR – Personal Electric Automotive Revolution – will be fully revealed to the public in the second half of 2023 with production at Foxconn’s assembly plant scheduled for 2024. Its base price is expected to be below $30,000.
Fisker and Foxconn aim to build at least 250,000 PEAR units per year once the plant is in production.
“The PEAR will be based on a new Fisker platform with a radical new electrical architecture, incorporating new advanced ADAS (Advanced Driver-Assistance Systems) technology,” indicates the financial report. “Several supplier nominations have started and a flyable prototype should be ready by the end of the year.
“The PEAR program verifies Fisker’s rapid development process, which reduces costs and brings the latest technologies to market.
Fisker announced in June that the PEAR is a sporty crossover, smaller than the Fisker Ocean SUV, the company’s first electric vehicle offering. It will offer two batteries, with the larger Hyper Range pack targeted at over 310 miles.