Foxconn wastes no time announcing Fisker PEAR will be built at newly acquired Lordstown plant
Less than twenty-four hours after announcing the closing of its purchase of an Ohio assembly plant from Lordstown Motors, Foxconn and its partner Fisker Inc. announced the facility will soon be home to production of the latter’s upcoming PEAR EV.
We first learned of Project PEAR, an acronym for Personal Electric Automotive Revolution, in February of 2021 when Fisker Inc. ($FSR) announced a new partnership with Foxconn. This followed a similar strategy Fisker took with its flagship Ocean EV – recruiting the…