Fisker and Foxconn are working on new EV

Fisker and electronics company Foxconn are teaming up on a new EV, code-named ‘Project Pear’. The car is to be marketed worldwide in 2023. Fisker does not reveal much about the new model, but the plans can in any case be called ambitious.

Project Pear, which stands for ‘Personal Electric Automotive Revolution’, remains shrouded in mystery for the time being. The above sketch is all that shows Fisker of his newcomer. In any case, the car appears to be taking on a distinct shape with a rear end that ends abruptly and then slopes at a noticeable angle.

According to Fisker, Project Pear must tap into a new market segment and ‘cross social boundaries’. This may indicate that Project Pear will be accessible to a large target group. Electronics company Foxconn is helping with the development of the car and will eventually start producing it. Currently, both parties have signed a letter of intent, but expect to be able to sign a formal partnership in the second quarter of this year. In any case, the pace of development is high, because Project Pear must already go into production in 2023. Ultimately, Foxconn intends to build more than 250,000 copies per year. In any case, Fisker is no stranger to the project: “Just like when Isaac Newton discovered the force of gravity, the inspiration for this project came from some unconventional sources,” said the Danish designer in the press release.

Ambitious future plans

Project Pear is the first concrete car project that Foxconn is known to be working on, after the Taiwanese company announced in 2019 that it would focus more on the auto industry and set up a joint venture with Geely earlier this year. It is not clear whether Geely is also involved in this partnership with Fisker. Incidentally, Fisker does not involve Foxconn in the production of the Ocean, the electric SUV that should roll off the line at the end of next year. Later this year, Fisker expects to unveil a driving prototype. In addition, Fisker is also working on an electric pick-up and the brand wants to have a total of four models on the market by 2025.

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