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



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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 …

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