The Fisker PEAR will be built on a new proprietary architecture. This new platform will underpin two additional models that Fisker will introduce at a later date.
As part of the deal, Foxconn also assumes the responsibility for assembling the Endurance electric pickup and hires 400 manufacturing employees from Lordstown.
Taipei, May 12 (CNA) Taiwan's Hon Hai Technology Group on Thursday announced it has completed the purchase of Lordstown Motors's facility in Ohio and signed two manufacturing agreements with the embattled American automaker.