Henrik Fisker’s idea of a decent hotel breakfast is three fried eggs on a large plate, sunny side up. This much I discovered when I met the Danish-born, Californian-based EV entrepreneur in a Park Lane hotel last week – right before he jumped on a flight to Austria to review 47 Fisker Ocean prototypes that… Continue reading Henrik Fisker’s radical plan to take on Tesla
Tag: Magna
Magna (MGA) to Expand Ontario Operations for Battery Enclosures
Magna International MGA recently announced that it is expanding its operations into Chatham-Kent, Ontario, as part of an extension of its current operations in St. Thomas to support new business from Ford F. Magna, focused on accelerating its electrification strides, is leveraging its top-class body and chassis expertise to provide innovative battery enclosures. MGA’s investment… Continue reading Magna (MGA) to Expand Ontario Operations for Battery Enclosures
AVL And Cybellum Partner to Provide Automated Cybersecurity Vulnerability Management and Regulatory Compliance for the Automotive Industry
TEL AVIV, Israel and GRAZ, Austria, March 29, 2022 /PRNewswire/ — With the growing scale and complexity of vehicle software often referred to as the “data center on wheels,” attack surfaces are increasing as do cyberattacks within the automotive market. Upcoming UNECE WP.29 R155 and R156 regulations as well as the ISO/SAE 21434 standard, mandate that… Continue reading AVL And Cybellum Partner to Provide Automated Cybersecurity Vulnerability Management and Regulatory Compliance for the Automotive Industry
Magna Posts 2021 Annual Report
AURORA, Ontario, March 25, 2022 (GLOBE NEWSWIRE) — Magna International Inc. (TSX: MG; NYSE: MGA) today announced that its 2021 Annual Report, including Management’s Discussion and Analysis and Audited Consolidated Financial Statements, Annual Information Form (AIF) and Form 40-F, are now available on the company’s website, www.magna.com. Magna has also filed these documents with the… Continue reading Magna Posts 2021 Annual Report
Cleantechnica: Stellantis CEO Certain Company Can Catch Tesla 001793
Stellantis CEO Carlos Tavares told the world this week, “I am very confident — I am trying not to be arrogant, just confident — of the fact that we are going to catch up in the next couple of years with Tesla and it’s going to be a very healthy competition.” The company released a… Continue reading Cleantechnica: Stellantis CEO Certain Company Can Catch Tesla 001793
German Handelsblatt: Automotive supplier: Controversial spin-off plans – what remains of Continental?003903
Wolfgang Reitzle will alles aus Continental herausholen. Der Aufsichtsratschef des Dax-Konzerns hat es auf eine höhere Börsenbewertung und mehr Kapital abgesehen. Sein Plan: Die Conti-Sparte für das automatisierte Fahren aus dem Gesamtkonzern herauslösen und dadurch den wirklichen Wert des wichtigsten Zukunftsgeschäfts für Investoren sichtbar machen. Die könnten sich dann auch an den hohen Investitionen beteiligen.… Continue reading German Handelsblatt: Automotive supplier: Controversial spin-off plans – what remains of Continental?003903
INEOS Grenadier Seeks to Deliver the Classic SUV Experience – Car and Driver
Many of us feel deep regard for our favorite cars, but few can match the commitment Jim Ratcliffe has shown to one of his. The CEO of the INEOS chemical company and one of the U.K.’s richest men, Ratcliffe mourned the passing of the previous-generation Land Rover Defender so much that he ordered the creation… Continue reading INEOS Grenadier Seeks to Deliver the Classic SUV Experience – Car and Driver
Magna Enters Joint Venture With LAN to Assemble Seats in Michigan
JV to assemble complete seats for Ford Production expected to start in the second quarter of 2023 More than 390 new jobs to be created AURORA, Ontario, Feb. 22, 2022 (GLOBE NEWSWIRE) — Today Magna announced it has entered into a joint venture (“JV”) with LAN Manufacturing, a minority-owned automotive supplier based in Michigan. The… Continue reading Magna Enters Joint Venture With LAN to Assemble Seats in Michigan
Volta Trucks concludes Series C funding
Volta Trucks, a full-electric commercial vehicle manufacturer and services provider, has announced the successful and oversubscribed conclusion of its Series C funding round with a €230 million capital raise. The funding round was led by New York-based Luxor Capital, while initial seed investor, Byggmästare Anders J Ahlström of Stockholm, added to its holding in the… Continue reading Volta Trucks concludes Series C funding
Fisker Ocean electric SUV ‘on schedule’ for November deliveries, CEO says
Electric vehicle (EV) company Fisker (FSR) unveiled its Ocean EV SUV in late November at the Los Angeles Auto Show with the goal of making the car “the world’s most sustainable vehicle.” The base model, named the Ocean Sport, will start at $37,499 before any government incentives. CEO and chairman Henrik Fisker said that customers… Continue reading Fisker Ocean electric SUV ‘on schedule’ for November deliveries, CEO says