Skip to main content

Fisker starts taking reservations for its $29,900 Pear EV

Jon Fingas Contributor
Jon Fingas is a contributing writer at Engadget.
More posts by this contributor

Fisker is at last ready to share more about Project PEAR. The automaker has started taking reservations for the Pear, a five-passenger “urban EV” that will start at $29,900 before incentives and taxes. That’s less than Tesla’s originally quoted $35,000 for the Model 3, and well below the $37,499 price of Fisker’s Ocean SUV. You’ll have to place a $250 deposit ($100 for a second reservation) and wait until 2024 to receive your car, but it might prove tempting if you’re not willing to wait for Tesla’s fabled $25,000 car and aren’t fond of Chevy’s upcoming Equinox EV.

The Pear (PEAR originally stood for Personal Electric Automotive Revolution) is the result of a collaboration with Foxconn where the manufacturing capability is as important as the technology. Fisker is shy on details besides promises of sportier driving characteristics, an intuitive interface, smart storage and a “focus on industry firsts.” However, the Pear will be built in Ohio with a production rate of at least 250,000 vehicles per year — Fisker and Foxconn are evidently counting on economies of scale to reach that lower-than-usual price point.

There are more than a few risks involved. The revived Fisker doesn’t start producing the Ocean, its first EV, until November 2022. It’s unclear whether that initial model will foster enough demand to justify the Pear’s production levels. Range, performance and quality are still unknowns. Fisker will also have some competition by the time the Pear arrives, and it won’t be surprising if more direct rivals surface between now and 2024. All the same, the Pear might be welcome as a sign that EVs are becoming more affordable.

Editor’s note: This article originally appeared on Engadget.



from TechCrunch https://ift.tt/h3QIomy
via IFTTT
Labels:

Comments

Post a Comment

Popular posts from this blog

This Week in Apps: Microsoft’s app store principles, TikTok’s new safety policies, Apple reveals ‘Tap to Pay’

Welcome back to This Week in Apps, the weekly TechCrunch series that recaps the latest in mobile OS news, mobile applications and the overall app economy. The app industry continues to grow, with a record number of downloads and consumer spending across both the iOS and Google Play stores combined in 2021, according to the latest year-end reports . App Annie says global spending across iOS, Google Play and third-party Android app stores in China grew 19% in 2021 to reach $170 billion. Downloads of apps also grew by 5%, reaching 230 billion in 2021, and mobile ad spend grew 23% year-over-year to reach $295 billion. In addition, consumers are spending more time in apps than ever before — even topping the time they spend watching TV, in some cases. The average American watches 3.1 hours of TV per day, for example, but in 2021, they spent 4.1 hours on their mobile device. And they’re not even the world’s heaviest mobile users. In markets like Brazil, Indonesia and South Korea, users...
Post a Comment
Read more

Fetch raises $3.5M for its self-service truck rental marketplace

Once upon a time, I had a truck. I loved that truck! I didn’t actually use the truck as a truck all that often, so eventually I sold it and bought something more in tune with my daily needs. Something more “practical,” I suppose. I still miss that truck. Now the few times a year I do need to use a truck as a truck, I’ve gotta convince a buddy to let me borrow theirs for the 34th time or try to nab a rental at the big box hardware store. Hope one is available by the time I get there, wait in line, fill out the paper work, run out to my car because I forgot my insurance card, get back in line, yadda yadda. Fetch , a company we first wrote about a few years ago , makes the process a bit easier: find a truck (or van!) nearby, reserve it through the app, walk up and unlock it from your phone, and be on your way. This week the team is announcing that it has raised $3.5 million to help expand their team and operations. To make Fetch happen, you could say. Fetch is up and running in a ha...
Post a Comment
Read more

Twitter’s EU-only geoblocks of Russia Today off to a shaky start

Twitter has claimed it’s complying with an EU-wide ban on Russia Today (RT) and Sputnik which came into force yesterday as part of the package of sanctions imposed by the bloc on Russia following the invasion of Ukraine, albeit reluctantly. In a statement the social network has been circulating in response to press requests this week a Twitter spokesperson said: The European Union (EU) sanctions will legally require us to withhold certain content in EU member states, and we intend to comply. Our global approach outside of the EU will continue to focus on de-amplifying this type of state-affiliated media content across our service and providing important context through our labels. We continue to advocate for a free and open internet, particularly in times of crisis. However it’s not clear how well Twitter is actually complying with the legal order banning the distribution of RT’s content in the EU. While some users around Europe have reported encountering an “account withheld”...
Post a Comment
Read more