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
Tag: Contract Manufacturer
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
World NM: Not the end of the assembly line: American start-up pulls Dutch car factory back from the brink001324
Canoo handout VDL Nedcar in Born is going to build electric cars for new American car maker Canoo from next year. The order, which will run until 2028, comes a year before the end of the contract with BMW for which Nedcar builds Minis and BMWs. The new contract is ‘fantastic news for our workers… Continue reading World NM: Not the end of the assembly line: American start-up pulls Dutch car factory back from the brink001324
Canoo wants to connect owners to all of their vehicles — not just Canoo’s
Electric vehicle startup Canoo detailed some of the features that may be on its app on Thursday, foremost of which is a one-stop shop functionality that customers could use for their Canoo vehicles – and all their other cars, as well. This unusual approach to its branded vehicle app could potentially pay off big-time for… Continue reading Canoo wants to connect owners to all of their vehicles — not just Canoo’s
Fisker Jumps on EV-Production Pact With Magna International
Benzinga Is Polkadot the So-Called Ethereum Killer? For years, cryptocurrency upstarts have been searching for a so-called Ethereum (CCC:ETH-USD) killer. Among the most promising candidates is Polkadot (CCC:DOT-USD) as Polkadot was designed to upgrade Ethereum and to overcome its drawbacks. I’m not promising that this, or any other cryptocurrency, will actually “kill” Ethereum. Nor am… Continue reading Fisker Jumps on EV-Production Pact With Magna International
Magna to begin manufacturing Fisker Ocean SUV from November 2022
Electric vehicle manufacturer has signed a binding agreement supporting manufacturing with Magna International Inc. Along with the previously signed agreements on electric vehicle (EV) platform sharing and ADAS package, today’s news finalises the framework established between the two companies beginning in October 2020. Fisker and Magna also confirmed that production of the all-electric Fisker Ocean… Continue reading Magna to begin manufacturing Fisker Ocean SUV from November 2022
Canoo Names VDL Nedcar as Contract Manufacturing Partner
JUSTIN, Texas, June 17, 2021 /PRNewswire/ — Canoo (Nasdaq: GOEV), a company manufacturing breakthrough electric vehicle (EVs) today announced owned and contract manufacturing plans. During the company’s first Investor Relations Day, Chairman & CEO Tony Aquila named VDL Nedcar as its contract manufacturing partner. Based in the Netherlands, VDL Nedcar will manufacture the Lifestyle Vehicle for the US… Continue reading Canoo Names VDL Nedcar as Contract Manufacturing Partner
@BMW: BMW Group creates closed-loop material cycle for tungsten production tools to protect valuable resources001215
Munich. The BMW Group is making raw materials considered to be so-called conflict minerals a special focus of its sustainability strategy. This includes ores where mining or trading is often associated with violations of environmental and social standards. Tungsten is an example of this: Once considered an irritating by-product of tin mining, since it “ate… Continue reading @BMW: BMW Group creates closed-loop material cycle for tungsten production tools to protect valuable resources001215
@niche: Valeo and Navya strengthen their technological and industrial collaboration000963
Paris – Villeurbanne, June 17, 2021 – Valeo and Navya have decided to step up their technological and industrial collaboration […] Paris – Villeurbanne, June 17, 2021 – Valeo and Navya have decided to step up their technological and industrial collaboration in the field of autonomous shuttles. The Navya shuttles (180 units sold as at… Continue reading @niche: Valeo and Navya strengthen their technological and industrial collaboration000963