Fisker Inc has partnered Foxconn to manufacture the electric vehicle startup’s second model PEAR at the Taiwanese firm’s newly acquired facility in Ohio.
Foxconn had closed a deal with Lordstown Motors to buy its Ohio factory on Wednesday for $230 million.
Fisker’s PEAR compact car will start production in 2024 at a base price of under $30,000 and Foxconn will make at least 250,000 PEAR vehicles a year at the facility when production ramps up.
Fisker said the PEAR vehicle is intended to be launched in North America, China, Europe and India, and the platform will underpin two more models the company will introduce at a later date.
Foxconn will also manufacture Lordstown Motors’ Endurance electric pickup truck at the Ohio facility.