Magna cooperates with Fisker on the Fisker Ocean

16 October 2020, 05:37:34

Magna cooperates with Fisker on the Fisker OceanAs part of Magna's strategic direction to support traditional automakers as well as new entrants, the company announced that it has signed agreements with Fisker Inc. that provide the framework for a platform sharing and manufacturing cooperation for the Fisker Ocean SUV. Fisker, an e-mobility automaker, announced plans to start production in the fourth quarter of 2022.

The Fisker Ocean will initially be manufactured exclusively by Magna in Europe. The vehicle will leverage Magna's EV architecture combined with the Fisker-Flexible Platform Adaptive Design (FF-PAD) to create a lightweight, aluminum-intensive platform for the Fisker Ocean. As part of the cooperation, Fisker will issue Magna warrants to purchase shares currently representing approximately 6% of its equity.

Related news

News related to Magna or Fisker

Fisker Ocean enters production as of today

Fisker has just announced that the company commences production of the Fisker Ocean all-electric SUV on schedule. After just over two years of intensive development, the vehicle has arrived with world-class quality and future-forward user experiences. Fisker's rollout strategy also includes continuous over-the-air (OTA) upgrading of feature packages. The start of production is reinforced by growing momentum globally...

17 November 2022

Fisker Ocean scheduled for 2022 Mondial de l'Auto in Paris

The all-electric Fisker Ocean will be on display at the 2022 Mondial de l'Auto held at the Paris Expo Porte de Versailles October 17-23, 2022. Production is on track for November 2022. Designed to be the most sustainable SUV on Earth, the Fisker Ocean features a beautifully crafted interior with ethically sourced, upcycled materials throughout. The eco-friendly cabin showcases high-grade upholstery, carpets, and...

27 September 2022

Fisker Ocean will make its UK debut at the 2022 Goodwood Festival os Speed Electric Avenue

Fisker will bring the Fisker Ocean all-electric SUV to the 2022 Goodwood Festival of Speed Electric Avenue from 23-26 June 2022 for its United Kingdom debut. Held in the beautiful grounds surrounding Goodwood House, the 2022 Goodwood Festival of Speed is an iconic motorsport event. The Fisker Ocean will be featured at the Electric Avenue concourse, the Festival of Speed’s showcase for electric vehicles and...

15 June 2022

Fisker and Foxconn confirm Fisker PEAR production in Ohio

Fisker confirmed that it will produce its second vehicle, the Fisker PEAR, at a factory Foxconn (Hon Hai Precision Industry Co. Ltd.) acquired in Ohio. The Fisker PEAR will enter production in 2024. Both the Fisker and Foxconn teams are fully engaged and expect to build a minimum of 250,000 Fisker PEAR units a year at the plant after a ramp-up period. The Fisker PEAR follows the company’s first vehicle, the Fisker...

12 May 2022

Project Ronin - an all-electric GT sports car by Fisker

Fisker Inc. has announced Project Ronin, the company's third vehicle after its Fisker Ocean SUV and Fisker PEAR. Project Ronin, an all-electric sport Grand Tourer, will feature innovations such as a battery pack integrated with the vehicle's structure. Fisker is designing and engineering Project Ronin to deliver the longest range of a production EV with the ultimate high performance. The code name was inspired by...

5 May 2022

LG Magna E-Powertrain celebrates groundbreaking of new facility in Mexico

LG Magna e-Powertrain, a joint venture between LG Electronics and Magna International Inc., celebrated the groundbreaking of its new plant in Ramos Arizpe, Mexico. Scheduled for completion in 2023, the new facility will produce inverters, motors, and onboard chargers to support General Motors’ new electric vehicle (EV) platform. The 260,000 square foot plant will be LG Magna e-Powertrain’s first production base in...

20 April 2022

Magna's battery enclosures business is growing, expands in Ontario

With the increasing shift toward vehicle electrification, Magna is leveraging its market-leading body and chassis expertise to provide innovative battery enclosures. The company announced today that it is expanding its operations into Chatham, as an extension of its current operations in St. Thomas to support new business from Ford Motor Company. The new 170,000 square foot facility is expected to create up to 150...

1 April 2022

Fisker Ocean makes its European debut at the MWC 2022

All-electric Fisker Ocean SUV makes its debut at Mobile World Congress in Barcelona. For the US and select European and Scandinavian countries, deliveries of the Fisker Ocean will start shortly after production begins in November 2022. In addition to the Fisker Ocean’s combination of performance, value, and sustainability, it has industry-first features, such as California mode, a 17.1-inch rotating screen, and the...

28 February 2022

The Fisker PEAR urban EV developed together with Foxconn is now available for reservations

Fisker is now accepting reservations for its second product, the Fisker PEAR, opening the door to the Personal Electric Automotive Revolution. The all-electric Fisker PEAR blends sustainability, technology, and design into a digitally connected, compact, five-passenger urban EV. Featuring intuitive controls, sporty driving, clever storage, and a focus on industry firsts, the Fisker PEAR will start at $29,900 before...

15 February 2022

Magna all-electric powertrain set to hit market in 2022

Magna's all-electric connected powertrain, the EtelligentReach, is the latest innovation set to debut on a new entrant vehicle in 2022. The complete system is comprised of two electric motors, inverters and gearboxes, and leverages advanced software to maximize vehicle range and driving dynamics. eDrive technology advancements and the holistic vehicle development approach of the EtelligentReach achieve a range...

14 December 2021

The 2023 Fisker Ocean production version debuts at the LA Auto Show, prices start at USD 37,499

Fisker today revealed its Fisker Ocean SUV on the first media day of the Los Angeles Auto Show. "Our mission is to create the world’s most innovative and sustainable vehicles that are also affordable, and it all starts with the Fisker Ocean as we fully embrace a clean future for all," Fisker said, as he kicked off the first manufacturer event of the show. The Fisker Ocean was designed to be a true SUV, Henrik Fisker...

18 November 2021

Fisker Inc. offers a sneak peak of the Fisker Ocean at the famous Manhattan Beach Pier

Fisker today offered a sneak peek of its Fisker Ocean all-electric SUV. A pair of vehicles took in a classic South California sunset at the famous Manhattan Beach pier. Fisker Chairman and CEO Henrik Fisker each spoke at the event, which was livestreamed. Local, national, and international media attended, as did Fisker employees and their families. The Fisker Ocean officially starts production on November 17, 2022...

17 November 2021

Magna announced the termination of the merger agreement with Veoneer

Magna International Inc. today announced that the board of directors of Veoneer, Inc. has determined that the previously announced proposal by Qualcomm Incorporated to acquire Veoneer for $37 per share is a superior proposal under the terms of the previously announced merger agreement between Magna and Veoneer, and that Magna has waived the four-day matching period to make a counterproposal. Accordingly, Veoneer has...

5 October 2021

Fisker joins forces with Abbie Eaton to develop next-gen EV performance dynamics

Fisker announced it is joining forces with the renowned racing driver, Abbie Eaton. One of 18 drivers competing in the 2021 W Series Championship, Abbie will work closely with Fisker's engineering and product development team, focusing on chassis and vehicle dynamics on the Fisker Ocean SUV program and other vehicles to follow. Abbie brings her experience as a test driver for The Grand Tour show to Fisker, along...

23 August 2021

EV Specifications

Complete specifications of EVs, grouped according to their brand and year

AudiBMWBytonChevroletDaciae.GOFIATFordGenesisHondaHyundaiJaguarKIAMazdaMercedes-BenzMGMININIONissanOpelPeugeotPolestarPorscheRenaultRivianSEATŠKODAsmartTeslaVolkswagenVolvo

Featured

Specifications of some of the most interesting and anticipated EVs.

2023 Polestar 3

2023 Polestar 3 Long Range Dual Motor

Doors: 5, Seats: 5
Length: 192.9 in / 4900 mm
Height: 63.5 in / 1614 mm
Curb weight: 5696.74 lb / 2584 kg
Location: Rear
Location: Front
Battery: 111 kWh, Voltage: 400 V

2022 Audi e-tron S Sportback quattro

2022 Audi e-tron S Sportback quattro

Doors: 5, Seats: 5
Length: 193.0 in / 4902 mm
Height: 63.6 in / 1615 mm
Curb weight: 5941.46 lb / 2695 kg
Location: Rear
Location: Front
Battery: 95 kWh, Voltage: 396 V

2022 Audi e-tron S quattro

2022 Audi e-tron S quattro

Doors: 5, Seats: 5
Length: 193.0 in / 4902 mm
Height: 64.1 in / 1629 mm
Curb weight: 5941.46 lb / 2695 kg
Location: Rear
Location: Front
Battery: 95 kWh, Voltage: 396 V

2021 Audi e-tron S Sportback quattro

2021 Audi e-tron S Sportback quattro

Doors: 5, Seats: 5
Length: 193.0 in / 4902 mm
Height: 63.6 in / 1615 mm
Curb weight: 5941.46 lb / 2695 kg
Location: Rear
Location: Front
Battery: 95 kWh, Voltage: 396 V

2021 Audi e-tron S quattro

2021 Audi e-tron S quattro

Doors: 5, Seats: 5
Length: 193.0 in / 4902 mm
Height: 64.1 in / 1629 mm
Curb weight: 5941.46 lb / 2695 kg
Location: Rear
Location: Front
Battery: 95 kWh, Voltage: 396 V

2022 Audi Q4 Sportback e-tron 50 quattro

2022 Audi Q4 Sportback e-tron 50 quattro Vorsprung

Doors: 5, Seats: 5
Length: 180.6 in / 4588 mm
Height: 63.5 in / 1614 mm
Curb weight: 4717.89 lb / 2140 kg
Electric motor #1: 150 kW, 310 Nm, Location: Rear
Electric motor #2: 70 kW, 150 Nm, Location: Front
Battery: 82 kWh, Voltage: 400 V

2022 Audi Q4 Sportback e-tron 50 quattro

2022 Audi Q4 Sportback e-tron 50 quattro Edition 1

Doors: 5, Seats: 5
Length: 180.6 in / 4588 mm
Height: 63.5 in / 1614 mm
Curb weight: 4717.89 lb / 2140 kg
Electric motor #1: 150 kW, 310 Nm, Location: Rear
Electric motor #2: 70 kW, 150 Nm, Location: Front
Battery: 82 kWh, Voltage: 400 V

2022 Audi Q4 Sportback e-tron 50 quattro

2022 Audi Q4 Sportback e-tron 50 quattro S Line

Doors: 5, Seats: 5
Length: 180.6 in / 4588 mm
Height: 63.5 in / 1614 mm
Curb weight: 4717.89 lb / 2140 kg
Electric motor #1: 150 kW, 310 Nm, Location: Rear
Electric motor #2: 70 kW, 150 Nm, Location: Front
Battery: 82 kWh, Voltage: 400 V

2022 Ford F-150 Lightning

2022 Ford F-150 Lightning PLATINUM Extended Range (710A)

Doors: 4, Seats: 5
Length: 232.7 in / 5911 mm
Location: Rear
Location: Front
Battery: 131 kWh

2022 Ford F-150 Lightning

2022 Ford F-150 Lightning LARIAT Extended Range (511A)

Doors: 4, Seats: 5
Length: 232.7 in / 5911 mm
Location: Rear
Location: Front
Battery: 131 kWh

2022 Mercedes-Benz AMG EQS

2022 Mercedes-Benz AMG EQS 53 4MATIC+

Doors: 5, Seats: 5
Length: 205.6 in / 5223 mm
Height: 59.8 in / 1520 mm
Curb weight: 5853.27 lb / 2655 kg
Electric motor #1: 245 kW @ 4500 - 13500 rpm, 565 Nm, Location: Rear
Electric motor #2: 239 kW, 290 Nm, Location: Front
Battery: 107.8 kWh, Voltage: 500 V

2022 Mercedes-Benz EQS

2022 Mercedes-Benz EQS 580 4MATIC

Doors: 5, Seats: 5
Length: 205.4 in / 5216 mm
Height: 59.5 in / 1512 mm
Curb weight: 5698.95 lb / 2585 kg
Electric motor #1: 245 kW @ 4500 - 13500 rpm, 565 Nm, Location: Rear
Electric motor #2: 140 kW, 290 Nm, Location: Front
Battery: 107.8 kWh, Voltage: 500 V

2022 Mercedes-Benz EQS

2022 Mercedes-Benz EQS 450+

Doors: 5, Seats: 5
Length: 205.4 in / 5216 mm
Height: 59.5 in / 1512 mm
Curb weight: 5467.46 lb / 2480 kg
Electric motor: 245 kW @ 4500 - 13500 rpm, 568 Nm, Location: Rear
Battery: 107.8 kWh, Voltage: 500 V

2022 Genesis GV60

2022 Genesis GV60 Performance AWD

Doors: 5, Seats: 5
Length: 177.8 in / 4515 mm
Width: 74.4 in / 1890 mm
Height: 62.2 in / 1580 mm
Curb weight: 4761.98 lb / 2160 kg
Electric motor #1: 160 kW, 350 Nm, Location: Rear
Electric motor #2: 160 kW, 350 Nm, Location: Front
Battery: 77.4 kWh, Voltage: 800 V

2022 KIA EV6

2022 KIA EV6 Extended Range 4WD GT

Length: 184.8 in / 4695 mm
Height: 61.0 in / 1550 mm
Location: Rear
Location: Front
Battery: 77.4 kWh, Voltage: 697 V

2022 KIA EV6

2022 KIA EV6 Extended Range 4WD GT-Line S

Length: 184.8 in / 4695 mm
Height: 61.0 in / 1550 mm
Curb weight: 4530.5 lb / 2055 kg
Electric motor #1: 165 kW @ 4500 - 7700 rpm, 350 Nm @ 4500 - 7700 rpm, Location: Rear
Electric motor #2: 74 kW @ 4500 - 7700 rpm, 255 Nm @ 4500 - 7700 rpm, Location: Front
Battery: 77.4 kWh, Voltage: 697 V

2022 KIA EV6

2022 KIA EV6 Extended Range 4WD GT-Line

Length: 184.8 in / 4695 mm
Height: 61.0 in / 1550 mm
Curb weight: 4497.43 lb / 2040 kg
Electric motor #1: 165 kW @ 4500 - 7700 rpm, 350 Nm @ 4500 - 7700 rpm, Location: Rear
Electric motor #2: 74 kW @ 4500 - 7700 rpm, 255 Nm @ 4500 - 7700 rpm, Location: Front
Battery: 77.4 kWh, Voltage: 697 V

2022 BMW iX xDrive50

2022 BMW iX xDrive50

Doors: 5, Seats: 5
Length: 195.0 in / 4953 mm
Width: 77.4 in / 1967 mm
Height: 66.8 in / 1696 mm
Curb weight: 5379.28 lb / 2440 kg
Electric motor #1: 250 kW, 400 Nm, Location: Rear
Electric motor #2: 200 kW, 352 Nm, Location: Front
Battery: 111.5 kWh, Voltage: 330.3 V