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

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

While the image isn’t very revealing, Henrik Fisker said the model will cost around $40,000. That would make the vehicle more expensive than the entry-level Tesla Model 3, but about the same price as the mid-range Model 3 which starts 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 “some” technical specifications will be released on March 18th. The executive also spoke to Edison last month and revealed the model is slated 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 intends to produce around 250,000 vehicles annually by 2025.

While a lot of questions remain, it’s clear the vehicle will be less ambitious than the EMotion. That particular model has all-wheel drive, an estimated top speed of 161 mph (259 km/h) and a range of 400 miles (644 km). The EMotion also comes equipped with five LiDAR sensors which support the vehicle’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 display. Other highlights include a digital instrument, a free-standing infotainment system and a central curved control screen.

While the entry-level model will apparently be launched with a lithium-ion battery pack, Fisker has been working on solid-state batteries for quite awhile. The company has previously said they could be ready 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 more than 500 miles (805 km) on a single charge and have recharging times as low as one minute.

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