Fisker Inc. announced it has serially nominated Sharp Corporation to develop technologies supporting next generation in-vehicle screens and interfaces. The agreement would include the co-creation of technologies and the subsequent manufacture of screens and components from Sharp to support the Ocean SUV, Project' PEAR' (Personal Electric Automotive Revolution), and potentially two additional Fisker vehicles. Fisker and Sharp will work to optimize the global production strategy for all screens and related products.

Aligned with each company's Environmental, Social, and Governance (ESG) strategies and, in the function of planned global growth for Fisker's manufacturing, the sourcing strategy will seek to balance cost, total environmental impact, and logistics. Fisker intends to start production and deliveries on its first vehicle, the Ocean electric SUV, in Fourth Quarter 2022 and unveil a production-intent prototype at the Los Angeles Auto Show® later this year. On May 13, Fisker and Foxconn announced the signing of framework agreements for Project PEAR, a breakthrough new segment vehicle to be jointly developed by both companies and sold under the Fisker brand into global markets including North America, Europe, China, and India.

Project PEAR will be the company's second model, with US production slated for Fourth Quarter 2023.