Fisker Inc. and Foxconn said Thursday they will partner to build Fisker’s second all-electric model, the PEAR Urban Lifestyle EV, in Ohio now that Foxconn has purchased the former Lordstown Motors plant.
Production of the PEAR, an acronym for “Personal Electric Automotive Revolution,” is slated to begin in 2024, eventually ramping up to 250,000 units annually.
The announcement came hours after battery-electric truck company Lordstown completed a crucial $230 million deal to sell Foxconn the former GM Assembly Plant.
The agreement, signed days before a Saturday deadline, will allow Lordstown to
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Foxconn to build Fisker PEAR EV at former Lordstown Motors plant in Ohio
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