Jump to content
  • David
    David

    Fisker Sign Long-Term Manufacturing Agreement with Magna

      Fisker has announced a long term binding manufacturing agreement with Magna International Inc. on EV platform sharing and ADAS package for production of Fisker BEVs at Magna's carbon neutral facility in Graz Austria.

    Fisker debut the Fisker Ocean SUV at the Los Angeles Auto Show November 2021. At that time they had a tentative agreement with Magna that they entered into on Oct. 15,2020. As of June 17th 2021, a binding agreement was reached between Fisker and Magna for production to start November 17th 2022 for the first of Fisker BEVs, the OCEAN Suv.

    Snag_acd7fc.png

    This binding agreement is a broad-based, comprehensive plan covering volumes, manufacturing costs and quality metrics over the program's lifecycle that runs to the end of 2029. This plan covers all critical planning, launch and manufacturing phases. This agreement underpins all facility investments, including bodyshop, a clear defined path to start-of-production in 2022 and the rapid ramp-up to full run-rate production.

    This contract covers the everything including opportunities to increase production volumes based on sales and adding other architecture variants. Fisker Ocean SUV will use a Magna-developed electric vehicle architecture modified by Fisker to create the FM29 platform. This platform is an aluminum-intensive platform projected to deliver class-leading range, interior space at a Bill of Meterials and Manufacturing cost that enables the Ocean to enter the market at a starting MSRP of $37,499 in the United States excluding EV-related subsidies and below the Euro 32,000 in Germany (including taxes and EV-related Subsidies) offering a compelling, high-value option packages to customers across the Ocean's entire price range.

    Snag_ad795c.png

    Magna is excited by this partnership where they see a future where everyone can live and move without limitations. Magna has been developing auto parts to complete auto's for various vendors for decades and has expanded from ICE to Hybrid and now full line of Electric power trains that will compliment Fisker's line of Battery Electric vehicles.

    Snag_bb090a.png

    Magna line of eDrives to eBeams move the world in todays products and in the future of Fisker BEVs. The latest product, eBeam is built for Offroad capable auto's to commercial grade auto's. Fisker as they get closer to production will clarify what all components made by Magna will be in the RWD/AWD Fisker Ocean SUV.

    Snag_bcf23d.png

    The Fisker Ocean | Meet The Fisker Ocean. How It's Made Matters| Fisker, Inc. (fiskerinc.com)

    Home (magna.com)

    PFXwdbuYTJmxHqeWsQAY (fiskerinc.com)

    Company Information (magna.com)

    Powertrain Electrification (magna.com)

    User Feedback

    Recommended Comments

    There are no comments to display.



    Join the conversation

    You can post now and register later. If you have an account, sign in now to post with your account.
    Note: Your post will require moderator approval before it will be visible.

    Guest
    Add a comment...

    ×   Pasted as rich text.   Paste as plain text instead

      Only 75 emoji are allowed.

    ×   Your link has been automatically embedded.   Display as a link instead

    ×   Your previous content has been restored.   Clear editor

    ×   You cannot paste images directly. Upload or insert images from URL.




About us

CheersandGears.com - Founded 2001

We ♥ Cars

Get in touch

Follow us

Recent tweets

facebook

×
×
  • Create New...