Fisker Teases Entry-Level EV, Will Cost Around $40,000

We haven’t heard much from Fisker recently, but the company has released the first teaser picture of its entry-level electric vehicle.

While the picture isn’t very revealing, Henrik Fisker said the model will cost approximately $40,000. That would make the vehicle more costly than the entry-level Tesla Model 3, but about the same price as the mid sized Model 3 that begins at $40,000 and has a range of 264 miles (425 km).

Little is known about the vehicle at this point, but Fisker did confirm “a few ” technical specifications will be released on March 18th. The executive spoke to Edison last month and revealed the model is supposed to be launched in 2021. It will apparently use a lithium-ion battery pack and have a “very different” design. If everything goes according to plan, Fisker plans to produce approximately 250,000 vehicles annually by 2025.

Announcing our “close” to $40,000 pure electric vehicle with a teaser picture & some tech details on March 18th. #fisker #ElectricVehicle #batterytech #EVs #automotive #cars #affordableev pic.twitter.com/GuJYAQTA4C

— Henrik Fisker (@henrikfisker) March 8, 2019

While a lot of questions remain, it’s clear the vehicle will be less ambitious than the EMotion. That particular version has all-wheel drive, an estimated top speed of 161 miles (259 km/h) and a selection of 400 miles (644 km). The EMotion also comes equipped with five LiDAR sensors which support the automobile ’s semi-autonomous driving system.

Inside, the EMotion has premium leather upholstery, four electronically adjustable seats and an optional rear seat entertainment system with a 27-inch screen. Other highlights include an electronic tool, a freestanding infotainment system and a central curved controller screen.

While the entry-level version will apparently be launched using a lithium battery pack, Fisker has been operating on solid-state batteries for quite awhile. The business has previously said they may be prepared for automotive applications after 2020 and they will have “three-dimensional electrodes with 2.5 times the energy density of lithium-ion batteries. ” Fisker has said this will enable future electric vehicles to travel over 500 miles (805 km) on a single charge and have recharging times as low as one minute.

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