Tag: Magna

Under the skin: We need to torque about Audi’s new drift tech

The forthcoming new Audi RS3 comes equipped with a new Torque Splitter rear-axle torque-vectoring system that does away with rear differential gears and replaces them with two ‘wet’ clutch packs. The downside of a conventional differential is that it allows one wheel to spin if it loses traction, and in powerful cars that becomes a… Continue reading Under the skin: We need to torque about Audi’s new drift tech

@niche: REE Automotive announces body partnership with EAVX001044

Israeli start-up REE Automotive has partnered with a major US commercial-vehicle bodywork supplier as it targets the e-mobility market with a new platform. EAVX, owned by JB Poindexter, will collaborate with REE Automotive to develop commercial electric work trucks. Initially, REE and EAVX will work on a “next-generation” walk-in van for the US delivery market,… Continue reading @niche: REE Automotive announces body partnership with EAVX001044

New 2022 Ineos Grenadier 4×4 interior revealed with focus on practicality

Ineos Automotive has unveiled the interior design and initial specifications for the Grenadier off-roader, with the utility vehicle focusing on a rugged approach that mixes practicality and durability with the latest technology and plenty of comfort, the company claims. Almost every element of the Grenadier has been designed from a clean sheet of paper, including… Continue reading New 2022 Ineos Grenadier 4×4 interior revealed with focus on practicality

Fisker teams undertake Ocean SUV manufacturing review at Magna plant

EV manufacturer Fisker Inc today took another significant step forward towards the start of production for the Fisker Ocean SUV with the official opening of several Fisker-dedicated operational areas at Magna’s world-class manufacturing facility in Graz, Austria. Fisker CEO and chairman, Henrik Fisker, was onsite in Graz with teams from engineering, manufacturing, purchasing and quality… Continue reading Fisker teams undertake Ocean SUV manufacturing review at Magna plant

Fisker and Magna sign long-term agreement, including production of Ocean SUV in fall 2022

In a recent announcement, Fisker and Magna International Inc. have finalized a long-term manufacturing agreement. The binding agreement coincides with previous agreements between both parties regarding EV platform sharing and ADAS systems. As part of the latest agreement, Magna will produce Fisker’s upcoming electric Ocean SUV in November 2022. Fisker Inc. is an EV startup… Continue reading Fisker and Magna sign long-term agreement, including production of Ocean SUV in fall 2022

The Station: Waymo nabs more capital, Cruise taps a $5B credit line and hints about Argo’s future

The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every weekend in your inbox. Hello and welcome back to The Station, a weekly newsletter dedicated to all the ways people and packages move (today and in the future) from Point A to… Continue reading The Station: Waymo nabs more capital, Cruise taps a $5B credit line and hints about Argo’s future

Fisker and Magna Ink Long-Term Manufacturing Deal; Fisker Shares Jump

Electric vehicle (EV) automaker Fisker Inc. (FSR) and Magna International Inc. (MGA) inked a long-term manufacturing deal to start the scheduled production of the Fisker Ocean SUV on November 17, 2022, on Magna’s carbon-neutral facility in Graz, Austria. Shares of Fisker jumped 3.3% to close at $18.33 on June 17. (See Fisker stock chart on… Continue reading Fisker and Magna Ink Long-Term Manufacturing Deal; Fisker Shares Jump

Fisker Signs Binding Agreement With Magna

Reuters Exclusive – China’s IPO-bound Didi probed for antitrust violations – sources China’s market regulator has begun an antitrust probe into Didi Chuxing, three people with knowledge of the matter said, just as the ride-hailing giant is pushing ahead with what could be the largest initial public offering in the United States this year. The… Continue reading Fisker Signs Binding Agreement With Magna

Magna’s new surface element lighting enables more expressive vehicle design

Magna International is pushing vehicle design possibilities with its new innovative Surface Element Lighting technology which offers a new palette of options for automotive designers. First-to-market on the all-electric 2021 Volkswagen ID.4, Surface Element Lighting is contained within a compact package, providing a homogeneous appearance and customizable, affordable LED lighting options for exterior vehicle applications. “Automotive designers… Continue reading Magna’s new surface element lighting enables more expressive vehicle design