Henrik Fisker stands with the Fisker Ocean electric vehicle after its unveiling at the Manhattan Beach Pier ahead of the Los Angeles Auto Show and AutoMobilityLA in Manhattan Beach, California. on Nov. 16, 2021. Patrick T. Fallon | AFP | Getty Images Fisker on Monday became the latest all-electric vehicle startup to file for Chapter… Continue reading Fisker files for bankruptcy protection in wave of EV startups, moment of déjà vu for its founder
Tag: Magna
Automotive Airbag Sensor Market size is set to grow by USD 227 million from 2024-2028, production shift to low-cost countries boost the market, Technavio
NEW YORK, June 18, 2024 /PRNewswire/ — The global automotive airbag sensor market size is estimated to grow by USD 227 million from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of almost 6.22% during the forecast period. Production shift to low-cost countries is driving market growth, with a trend towards advancements in sensor… Continue reading Automotive Airbag Sensor Market size is set to grow by USD 227 million from 2024-2028, production shift to low-cost countries boost the market, Technavio
EV Maker Fisker Files for Bankruptcy
Fisker filed for Chapter 11 bankruptcy protection late on Monday, ending months of speculation over the future of the company. Now the EV maker is looking to sell its assets and restructure its debt after pausing production of its sole car model back in March. To anyone familiar with the Ocean all-electric SUV, news of… Continue reading EV Maker Fisker Files for Bankruptcy
Magna Awarded Reconfigurable Seating Business With Chinese OEM
Innovative system offers two rows of seats on long rails with a fully rotating front row Flexible layout for more in-cabin space Award showcases local R&D, complete technology development, and production readiness AURORA, Ontario, June 18, 2024 (GLOBE NEWSWIRE) — For more than 65 years, Magna has helped redefine the very concept of consumer experience… Continue reading Magna Awarded Reconfigurable Seating Business With Chinese OEM
EV Maker Fisker Files for Bankruptcy After Its Glitchy SUV Flops
(Bloomberg) — Fisker Inc. filed for bankruptcy on Monday, months after the electric-vehicle startup stopped production of its only model, the oft-malfunctioning Ocean SUV. Most Read from Bloomberg The company listed between $500 million and $1 billion of assets, and between $100 million and $500 million of liabilities, in its petition filed in Delaware. The… Continue reading EV Maker Fisker Files for Bankruptcy After Its Glitchy SUV Flops
Magna Awarded Reconfigurable Seating Business With Chinese OEM
Magna International Inc. Innovative system offers two rows of seats on long rails with a fully rotating front row Flexible layout for more in-cabin space Award showcases local R&D, complete technology development, and production readiness AURORA, Ontario, June 18, 2024 (GLOBE NEWSWIRE) — For more than 65 years, Magna has helped redefine the very concept… Continue reading Magna Awarded Reconfigurable Seating Business With Chinese OEM
The time has come: Fisker has filed for bankruptcy
After many signals suggesting that it would happen, Fisker has officially filed for bankruptcy. The chapter 11 filing came late Monday night in Delaware, where Fisker is incorporated. Soon after, Fisker posted a statement on its website. In the statement, Fisker blamed “market and macroeconomic headwinds that have impacted our ability to operate efficiently.” It… Continue reading The time has come: Fisker has filed for bankruptcy
EV startup Fisker files for bankruptcy
Fisker Inc., the EV startup founded by famed designer Henrik Fisker, filed for Chapter 11 bankruptcy protection — a capstone to months of problems with its Ocean SUV that included recalls and dozens of lemon law lawsuits. The California-based company, which filed for bankruptcy in the Delaware Court, had been seeking a deal with another… Continue reading EV startup Fisker files for bankruptcy
Magna wins reconfigurable seating business with Chinese OEM
Magna International, which has achieved many advances in traditional in-cabin vehicle design, has announced that it has won its first contract to deliver a reconfigurable seating system to a Chinese OEM. This innovative technology offers fully rotating front seats paired with long rails, enabling a flexible layout for more in-cabin space. Magna’s reconfigurable seating system… Continue reading Magna wins reconfigurable seating business with Chinese OEM
Magna wins reconfigurable seating business with Chinese OEM
Magna International, which has achieved many advances in traditional in-cabin vehicle design, has announced that it has won its first contract to deliver a reconfigurable seating system to a Chinese OEM. This innovative technology offers fully rotating front seats paired with long rails, enabling a flexible layout for more in-cabin space. Magna’s reconfigurable seating system… Continue reading Magna wins reconfigurable seating business with Chinese OEM