Fisker's (NYSE: FSR) Andrew Fisker made an official statement from the company as a follow-up to the announcement just made by Foxconn on the manufacturing facility in Ohio.

"We welcome the news from Foxconn, our co-investment partner on Project PEAR, concerning their manufacturing plans for the facility in Ohio. Achieving key program objectives such as time to market, access to a well-developed supplier ecosystem and overall cost targets were all important factors in the decision to locate manufacturing in Ohio. Since signing the agreement with Foxconn earlier this year, we have been working together intensively on all aspects of Project PEAR including design, engineering, supply-chain and manufacturing. Fisker's commitment to volume manufacturing in the United States takes another important step forward today with the signing of this agreement."