Fisker to set out reservations for second gear galvanic railcar model

Feb 15 (Reuters) – Fisker Inc aforementioned on Tuesday it was opening reservations for its second gear product, a five-rider electrical fomite aimed at younger consumers, with the cost start at $29,900.

The PEAR, or the Personal Electrical Self-propelled Revolution, testament start out deliveries in 2024, Fisker said.

The company’s world-class vehicle, Ocean SUV, is potential to pop product in Nov 2022 and is aforementioned to wealthy person higher driving ranges than equal Nikola Tesla Inc’s Manakin Y vehicles.

Electric-vehicle makers and bequest automakers are rush to land to food market young launches and ramp up production as they stress to cement a slur in the fast-maturation EV blank space and adopt on industry drawing card Tesla.

Fisker’s shares blush wine approximately 4% in premarket trading on Tuesday.

Fisker aforesaid it has partnered with Foxconn to create PEAR and bequeath be manufactured in Ohio with a lower limit initial product of 250,000 units per year.

(Reporting by Nivedita Balu in Bengaluru)

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