The folks who build Apple’s iPhone are teaming up with EV startup Fisker to build an electric car in the US, if all goes according to plan. Startup Fisker and its partner Foxconn announced Thursday that production of its PEAR electric vehicle is coming to Ohio, with plans to get that production started in 2024. We first learned of Fisker and Foxconn buddying up to build Project PEAR in 2020.
If you’re thinking that Pear is a weird name for a car, you’re not wrong, but it’s an acronym that stands for Personal Electric Automotive Revolution. Fisker says this vehicle will be a “breakthrough new segment” kind of car. Of course, a lot has to happen between now and production for that breakthrough to be possible.
We don’t have a lot of specifics on the new model, but Fisker did provide a few other details, one of them being the PEAR’s price. The goal is to bring the car to market with a price under $30,000 before any tax credits or incentives. We could be talking about an affordable EV if the company can keep this promise. It will also ride on a platform Foxconn dubbed FP28.
Production of the vehicle is meant to start in 2024, so we’re pretty far out from seeing the PEAR materialize. Before then, however, Fisker said production lines at Magna Steyr in Austria will start cranking out its first EV, the Ocean SUV, in the fourth quarter of 2022.