Hyperdrive

Fisker Racks Up Reservations for an EV It Hasn’t Even Shown to Buyers 

  • Startup began taking orders for Pear model last week
  • Partner Foxconn intends to start production in late 2023
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Fisker Inc. racked up roughly 1,500 reservations within days for its second electric vehicle, which hasn’t been shown and won’t be delivered until 2024, Chief Executive Officer Henrik Fisker said.

The Danish-American car designer’s second EV company has taken deposits for the Pear -- which will start at about $30,000 in the U.S. -- from customers in part because battery suppliers have been burned by car manufacturers making overly optimistic sales projections for early plug-in models.