Fisker plans to launch a fully electric vehicle priced under $40,000

Fisker Inc., a designer and manufacturer of electric vehicles, breakthrough automotive technology and advanced mobility solutions, has released early details on a stunning new all-electric SUV design, priced below $40,000 (US) and set to launch in the second half of 2021.

The all-electric luxury vehicle is shattering old notions of what an SUV can be. World-renowned American automotive design icon, Henrik Fisker, sculpted a futuristic, elegant muscular EV with clean surfaces and a dramatic shape. The affordable mass market vehicle features captivating design touches that have been traditionally reserved for supercars in the past.

Future-forward technologies are now an integral part of the SUV's design. A small, centre high-mounted radar - behind glass - replaces a traditional grill, which is no longer a necessity on an EV. A parametric pattern dominates the lower front, where air cooling is directed only as needed. Lower body aerodynamic features add more stimulating visuals.

With the touch of a button, an extended open-air atmosphere will be made possible without compromising the rugged and safe structural integrity of the SUV. The vastly spacious interior is complemented by a modern aesthetic and high-quality materials. Dashboard features will include a large heads-up display and a unique, intuitive user interface that will control some of the latest emerging in-vehicle technologies.

The SUV will be available in four-wheel drive with two electric motors - one at the front and one at the rear. It will come standard with an extended range (target of approximately 300 miles), enabled by an enhanced +80 KWh lithium-ion battery pack.

Set at a base price below $40,000 (US), final pricing and a drivable prototype is anticipated to be revealed by the end of 2019. Fisker will sell the vehicle directly to consumers. A nationwide concierge service model is also in development for a superior user and maintenance experience. The company will begin accepting early deposits closer to the start of production.

Fisker Inc. is currently finalising the selection of a facility, located in the United States, to produce the all-electric SUV. The company is actively engaged in the development of a larger line-up of affordable, luxurious and technologically advanced electric vehicles - with the SUV launching first.

The previously unveiled Fisker EMotion luxury electric sedan, the brand's low-volume flagship model, will now be introduced to the market after an affordable model becomes available. As the ultimate symbol of future emerging technologies, the high-end EMotion will retake the stage as patented Fisker Solid-State Battery technology becomes ready for vehicle application and commercialisation.

Henrik Fisker, Chairman and CEO said, “Our team set out on a mission to create an affordable EV that's more exciting and emotion-stirring than what the market has been offering. We're now excited to be introducing a vehicle that truly reinvents the SUV. At an affordable price point, starting below $40,000, we're delivering a desirable, luxuriously rugged and green vehicle - complete with unique new experiences and technologies - that's accessible to people across the US and the world.”