Foxconn closes $230 million deal for Lordstown Motors factory in Ohio to build the Fisker PEAR in 2024.
This evening that Foxconn closed the deal with Lordstown Motors for the former GM factory in Lordstown, Ohio.
The $230 million deal establishes a footprint for the Taiwan-based technology company to build the Fisker PEAR.
Fisker and Foxconn partnered in February 2021 to develop a breakthrough electric vehicle. Foxconn will start production of the Fisker PEAR in 2024.
Foxconn will manufacture the vehicle at projected annual volumes of more than 250,000. The Global market scope include North America, Europe, China, and India. This will be the second vehicle introduced by the Fisker brand, following the launch of the Ocean SUV in Q4 2022. Fisker’s third vehicle will be the RŌNIN supercar priced near $200k.
Reserve Your Fisker Ocean
Reserve your Fisker Ocean or PEAR at https://fiskerinc.com/reserve using referral code DDK87H.
Upgrade now to enjoy ad-free browsing! 🚀 Learn More
Go to Fiskerati Forums to discuss the Fisker Ocean and follow various topics about this electric SUV.
Download the Fiskerati app from Apple App Store or Google Play.
If you have any photos or tips to share, questions to ask, or if you're interested in partnering with us, please send an email to [email protected].
Follow us on Twitter, Facebook, YouTube, and Google News.
Sign up for our free newsletter, This Week In Fisker, and receive updates directly in your email inbox!
You Might Like