Project PEAR: US-built Fisker EV promised in 2024 with $29,900 price tag

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Project PEAR: US-built Fisker EV promised in 2024 with $29,900 price tag
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Fisker's second model will be a compact urban runabout priced from $29,900—before incentives.

Affordable electric vehicles are still hard to come by but Fisker wants to change all that with a new model code-named Project PEAR.

The EV startup on Tuesday opened the reservation process for the PEAR and announced a starting price of just $29,990—before incentives and before a destination charge. Reservations require a $250 deposit for the first vehicle and $100 for subsequent vehicles., is due to enter production in November and has been priced to start at $37,499.

Production of the PEAR isn't due to start until 2024, with Fisker looking to build as many as 250,000 units annually for global sale. Fisker won't actually build the PEAR itself, though. Just as the company has outsourced production of the Ocean to contract manufacturer Magna Steyr, production of the PEAR will2023 Fisker Ocean prototype - 2021 Los Angeles Auto Show, from another EV startup, Lordstown Motors, and will use it for the PEAR.

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