Fisker and Magna International have completed the Preliminary Product Specification (PPS) gateway, a key engineering and purchasing milestone for the Fisker Ocean SUV. This milestone confirms preliminary specifications and targeted performance on key c…
Tag: Magna International
Fisker Announces Strategic Cooperation With Magna
Fisker is entering into agreements with Magna International that provide the framework for strategic platform sharing and manufacturing cooperation for the Fisker Ocean SUV. Henrik Fisker, chairman and chief executive officer of Fisker, stated, “We cho…
Magna wins DOE grant to develop cheaper EV motor with 8x more power density
The US DOE has awarded a grant to Canadian parts supplier Magna to develop e-motor technologies for next-generation propulsion systems that are both cheaper and more powerful than today’s technology. The supplier has partnered with the Illinois Institute of Technology and University of Wisconsin-Madison for the initiative. The organizations aim to develop an e-motor that… Read more »