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Back in the News: Fisker Wants State Law Changed For Potential Foxconn Car Factory

Back in the News: Fisker Wants State Law Changed For Potential Foxconn Car Factory
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Fisker and Foxconn partner up to make sub-$30,000 EV

Fisker, Foxconn Firm Up Plan For Sub-$30,000 EV, Target U S Production By Late 2023

Fisker, Foxconn Firm Up Plan For Sub-$30,000 EV, Target U.S. Production By Late 2023 Share to Facebook Fisker Inc. Fisker Inc., the Los Angeles-based electric vehicle startup led by auto designer Henrik Fisker, firmed up plans to produce a mass-market EV with manufacturing giant Foxconn and start building it in the U.S. by late 2023–potentially at Foxconn’s underutilized industrial site in Wisconsin.  The companies signed an agreement for the so-called Project PEAR (an acronym for personal electric automotive revolution) Thursday and said they intend to sell the small, five-passenger vehicle with a starting price below $30,000. The two companies are jointly investing in the project and collaborating to ensure they can deliver a relatively low-cost, easy-to-build vehicle.  

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