Tesla’s new rival Fisker unveils lowest-priced electric vehicle
Fisker releases details on its new electric vehicles that is priced under $30,000.
Electric vehicle companies continue rolling out new models ready to compete in a fierce market, led by industry's top seller Tesla (TSLA) - Get Free Report. American legacy carmakers Ford (F) - Get Free Report, General Motors (GM) - Get Free Report and Stellantis (STLA) - Get Free Report have made some commitments to converting to all-electric inventories, but that will take several years to complete.
Ford said it will go all-electric in Europe by 2030, but hasn't made a commitment yet in the U.S. GM said it would phase out all gasoline-powered vehicles by 2035. Stellantis will go all-electric in Europe and commit to 50% of passenger vehicle sales in the U.S. being all electric by 2030.
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Then you have smaller electric vehicle companies that are all-in electric from the beginning, such as Fisker.
Fisker unveiled its all-electric four-door pickup truck, Alaska, on Aug. 3 with plans to compete with the upcoming Tesla Cybertruck. The truck, with a range of up to 340 miles, starts at $45,400 before incentives. Production on the Alaska will begin in the first quarter of 2025 with deliveries coming shortly thereafter, the company said.
The Los Angeles-based EV maker began delivering its Ocean SUV, which retails as low as $37,499, on June 23, according to the company.
The Fisker Ocean hopes to compete with Tesla's Model Y basic all-wheel drive that's priced at $47,740 and Ford's 2023 Mustang Mach-E Select that starts at $42,995. GM's new 2024 Chevy Blazer began rolling off the assembly line June 26 for as low as $44,995 for the 1LT.
Fisker also unveiled on Aug. 3 its Ronin four-door convertible GT sports luxury EV sedan, which is expected to retail for $200,000 beginning in 2025. The EV will seat five and have a 600-mile range. Fisker
New details on Fisker's Pear small crossover
For a much more affordable EV, Fisker on Aug. 31 released details on its entry-level, all-electric Pear small crossover priced at $29,900 before incentives, which is expected to begin manufacturing and deliveries in July 2025. By then, that price might be one of the lowest EV prices around.
“With Pear, we threw convention out the window,” Chairman and CEO Henrik Fisker said. “We created this vehicle with the idea that young people living in the world’s big cities need innovative, versatile, and affordable mobility.”
Pear, which will seat five or six passengers, will have a range of up to 320 miles on a charge and can accelerate 0 to 60 mph in 6.3 seconds. It includes the Fisker Blade in-house-designed high performance computer to deliver Pear's connected and digital customer experience, the company said in a statement.
Pear even has a 'Houdini trunk'
The Pear is a 15-footlong vehicle, which is smaller than the Fisker Ocean SUV that began deliveries two months ago. It features a unique "Houdini trunk" that enables owners to load and unload in tight street parking situations and to avoid damage in parking structures with low ceilings. The trunk lid and glass move down behind the rear bumper beam and are therefore protected in case of a rear crash.
The vehicle includes a drawer-like front boot, or “froot,” that can store anything from delivery pizza to sweaty workout gear, thereby keeping odors out of the cabin.
Fisker first showcased Pear on Aug. 3 at the company's first-ever Product Vision Day. The company said a "production-intent Pear" will be exhibited publicly at Fisker Lounge Munich on Sept. 4-10, concurrent with the IAA Mobility 2023 event in Munich.
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