Fisker and Foxconn plan sub-$30,000 EV for U.S. market

Fisker and Foxconn jointly announced that they have signed ‘framework agreements’ to develop a new electric vehicle with a starting price of less than $30,000, before incentives. Under the agreements, Fisker and Foxconn will jointly invest into Project PEAR, with each company taking proceeds from the successful delivery of the program. Fisker will work with Foxconn […]