Magna cooperates with Fisker on the Fisker Ocean

Fiskery today announced details for the first wave of its global brand experience centers. Starting in the first half of 2022, the company will open its inaugural center in Los Angeles, followed by a European center in Munich. Fisker Brand Experience Centers will offer prospective customers the opportunity to see and experience the company's vehicles, as well as speak with product experts on hand. Following Los...

22 July 2021

The LG Magna e-Powertrain is a joint venture between LG Electronics of Korea and Magna International of Canada. It is set to start operations this month. LG will participate by separating a part of its VS Business Division. Magna will invest USD 453 million to secure a 49% stake. By mid-July, the new business entity should be established. LG Magna e-Powertrain will produce inverters, motors, and in-vehicle chargers...

2 July 2021

Following its agreement with Foxconn, Fisker has announced that it has serially nominated Sharp Corporation, part of Foxconn (Hon Hai Technology Group), to develop technologies supporting next-generation in-vehicle displays and interfaces. The agreement would include the co-creation of technologies and the subsequent manufacturing of screens and components from Sharp to support the Ocean SUV, Project PEAR (Personal...

18 May 2021

Fisker has announced it has signed framework agreements with Foxconn (Hon Hai Technology Group) for the joint development and manufacturing of EVs under the Project PEAR (Personal Electric Automotive Revolution). This project includes the joint work on a new lightweight platform designated FP28. The aim is to introduce breakthrough vehicles priced at under USD 30,000. Production is scheduled to start in the US in Q4...

14 May 2021

Magna introduced its all-new connected Magna EtelligentEco PHEV drivetrain and next-gen Magna EtelligentReach battery-electric drive systems. Both were on full display at the company’s Winter Test driving location in northern Sweden. On a frozen track under demanding climatic and driving conditions, the technologies proved their functional advantages including better efficiency, range, and driving dynamics. We're...

8 March 2021

LG and Magna announced a joint venture (JV) to manufacture e-motors, inverters and onboard chargers and, for certain automakers, related e-drive systems to support the growing global shift toward vehicle electrification. The new company, tentatively called LG Magna e-Powertrain, marries Magna's strength in electric powertrain systems and world-class automotive manufacturing with LG’s expertise in component...

23 December 2020

The ArcFox α-T is a new compact crossover created by the joint venture of the BAIC division called BJEV and Canadian auto component manufacturer Magna International. The production version of the vehicle has been launched during the 2020 Beijing Auto Show. The model is available in several versions, which are named and priced as follows: ArcFox α-T 480S/480S+ with 480 km of NEDC range costs CNY 250,000 - CNY 265,000...

27 September 2020

Fisker Inc. announced that its first dedicated engineering and technology center will be located in the Mission District of San Francisco. This facility will be the focal point and development center for the company's software and vehicle electronics, including both in-car and Fisker data center elements. "With the development of our first vehicle progressing at speed and the company scaling accordingly, we are now...

24 September 2020

According to IDTechEx's report "Solid-State and Polymer Batteries 2020-2030: Technology, Patents, Forecasts, Players.", the potential market size for solid-state batteries is expected to grow to over $6 billion by 2030. This is due to various undisputed advantages of solid-state batteries including high safety level, simple pack design, higher energy density. The market demand for solid-state batteries mainly comes...

28 July 2020

Fisker Inc. is announcing the successful completion of a $50 million Series C financing round funded by Moore Strategic Ventures, LLC, the private investment vehicle of Louis M. Bacon. The proceeds will be used to support the next phase of engineering work on the Fisker Ocean all-electric luxury SUV - due for launch in 2022. Cowen acted as the company's sole advisor and placement agent on the financing. Commenting...

8 July 2020

The Fisker Ocean was supposed to debut in Europe tomorrow but the GIMS cancellation forced it, just like any other auto manufacturer, to confine to virtual announcements only. Today the company released a teaser video that showcases the Ocean in action, "reflecting the production-ready platform's maturity, reliability and performance". The teaser was adjoined by some more detailed specifications, which we have added...

2 March 2020

Fisker Ocean will make its European debut on March 3 during the Geneva International Motor Show. The vehicle was unveiled at CES 2020 in Las Vegas and won more than nine awards from prominent media outlets, including TIME Magazine, Newsweek and Business Insider. Thousands of reservations have been made worldwide via Fisker's proprietary FLEXEE mobile app from the United States, Canada, Norway, Denmark, Germany...

10 February 2020

After the official launch of the Fisker Ocean at CES 2020, Henrik Fisker unveiled more details about the actual specifications of the vehicle. Fisker Ocean specifications and features Length - 4640 mm Width - 1930 mm Height - 1615 mm Trunk volume - 566 l Trunk volume without parcel shel - 708 l Trunk volume with rear seats folded - 1274 l Roof rails option Towing hook option (capacity will be unveiled in 2021)...

13 January 2020

As promised, Fisker Ocean has been officially unveiled at CES 2020. Exact specifications are missing entirely. Only the target range of 250-300 miles has been re-confirmed and should be derived from an 80 kWh battery pack. However, some of the features that were previously announced have now been confirmed: Full-length solar roof for additional 1000 miles per year Fully recycled carpeting made from regenerated nylon...

5 January 2020