March 13, 2019—Fisker, a new electric car startup founded by famed designer Henrik Fisker, is going to unveil a new ~$40,000 all-electric car, according to the CEO, reported Electrek. Last year, the startup unveiled its new EMotion all-electric vehicle with the claim of a 400-mile range on a single charge.

Over the last few years, Fisker has been trying to launch a new EV startup under his own name after his original effort failed in 2013 and other companies took over.

The company revealed a teaser image of the car but besides that and the price, nothing else is known about it.