Henrik Fisker's latest automotive venture is searching for a manufacturing home, as it prepares to launch its rival to the Tesla Model Y.

Fisker has once again teased its rival to the Tesla Model Y, as it weighs up which North American city in which to base its manufacturing plant.

The company, headed up by Henrik Fisker – the man responsible for the original Fisker Karma, the BMW Z8 and the Aston Martin DB9 – is prepping its first 'affordable' electric vehicle at the moment, with sights firmly set on the recently-revealed Tesla Model Y.

Today's announcement has revealed Don Jackson, an ex-Toyota and Volkswagen automotive veteran, will head up the brand's manufacturing plans and selection.

It'll be priced below US$40k, and promises a driving range around 480km when it launches in 2021.

Higher-end models will be available with 22-inch alloy wheels, and an all-wheel drive system featuring an electric motor on each axle. That's the same sort of approach taken by Tesla with its faster, higher-end models.

A drivable prototype is coming by the end of 2019.

"I share Fisker’s vision of driving mass electrification forward by producing more desirable EVs for the global market here in the United States, and I look forward to building a disruptive strategy that combines Fisker’s unique business model with the very best manufacturing practices that assure unparalleled results and outstanding, reliable products," Don Jackson said.