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Fisker Inc. has unveiled what it calls ‘an affordable, high volume electric vehicle’. The cost of the electric SUV will be below $40,000. It will be available from the second half of 2021.

The company says the luxurious SUV is the first in an upcoming lineup of three affordable all-electric vehicles.

Fisker Chairman and CEO, Henrik Fisker, says: “While other manufacturers have introduced beautiful, high-performance electric cars with high price tags, the real race is about who can deliver a truly high-volume, affordable, yet desirable EV – produced through a unique, profitable business model. The Fisker team is thrilled to be playing a leading role in that revolution.”

He adds: “The future success of EVs relies on creating an emotional connection with the consumer – in addition to longer range and more practicality for the wider market. Our affordable SUV will be powered by an enhanced +80 KWh lithium-ion battery pack that pushes the limit – with a range of close to 300 miles.”

In October last year, Fisker Inc. received. a strategic investment from Caterpillar Venture Capital Inc., a wholly owned subsidiary of Caterpillar Inc., a leading manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives.

“We’re investing heavily into next generation technologies, highlighted by our patented Fisker Solid-State Battery technology. Our team of scientists have been working tirelessly within our in-house labs, with remarkable results to date as we move toward vehicle testing with partners next year,” says Fisker.

To read our interview with Henrik Fisker, follow the link.

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