We're expecting an SUV from Henrik Fisker, designer of the Fisker Karma and BMW Z8, and it'll be revealed on March 18 in the USA.

Fisker has provided a peek at the 'close to' US$40k electric vehicle it's preparing to take on the Tesla Model Y, ahead of its reveal on March 18.

The car won't actually hit the market until 2021, by which point Henrik Fisker is expecting solid-state battery technology to be ready for mass consumption – and at a price that'll allow his company to sell its electric vehicle for the equivalent of AU$55,000.

That would make it just $5000 more than the current Nissan Leaf, and around $10,000 more than Australia's cheapest electric vehicle, the Hyundai Ioniq.

Based on Fisker's previous comments, along with the sharp-edged lines of the car pictured in his Twitter teaser, we're expecting a mid-sized SUV to rival the soon-to-be-announced Tesla Model Y.

Given the popularity of mid-sized crossovers around the world (the segment was Australia's most popular last month), the Model Y and as-yet unnamed Fisker fitting that mould makes sense.

When it comes around, the car will be built in the USA using "existing manufacturing plants" in a location to be determined "fairly soon".

At the moment, the company has fewer than 100 people on board, but Fisker says he's hiring "a new person every week" at the moment.

As for why Fisker thinks the 2021 EV will see more success than the original Karma? He's previously told Automotive News the time is "more right" for electric vehicles.

"We are seeing a clear trend that we are definitely moving to electric," he explained.

"Some of the big traditional car companies, specifically Volkswagen, have really committed to electrification. That’s an important sign because it means you are going to start seeing a bigger rollout with more vehicles and in different price segments."