Pininfarina to design Hercules Alpha electric pickup truck

Italian design firm to provide styling for upcoming Alpha battery electric pickup truck, and other products currently under development. Detroit-based Hercules Electric Vehicles has signed a strategic agreement with Italian design house Pininfarina for the design of its upcoming Alpha battery electric pickup truck, and other products currently under development. Under terms of the agreement, the… Continue reading Pininfarina to design Hercules Alpha electric pickup truck

Extension of Valmet Automotive´s battery testing facilities progressing rapidly

Construction work for the expansion of the Valmet Automotive Battery Test Center (BTC) in Bad Friedrichshall, Germany is progressing rapidly. The installation of six additional fireproof test rooms has largely been completed. Test operations are scheduled to start as early as September. The expansion of testing capacities for high-voltage batteries is taking place in parallel… Continue reading Extension of Valmet Automotive´s battery testing facilities progressing rapidly

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

Valmet Automotive intensifies recruitment in the summer

This year, Valmet Automotive has recruited 650 new employees for car and battery manufacturing through online campaigns, meeting more than half of the need for a thousand people. Additional employees will be needed for both business lines already in August-September and therefore, online recruitment campaigns will be intensified during the summer. With the current campaign,… Continue reading Valmet Automotive intensifies recruitment in the summer

Pininfarina to design Gaussin’s new range of trucks

Gaussin released a teaser image for its new range of trucks designed by Pininfarina. Gaussin has announced that its new range of trucks for road application will be designed by Italian design house Pininfarina.  Gaussin trucks have been developed around two major components: a modular ‘skateboard’ and a brand-new cab.  The intelligent modular skateboard powered… Continue reading Pininfarina to design Gaussin’s new range of trucks

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