Magna and the Fisker Ocean

Magna and the Fisker Ocean

We dive deeper beyond Magna’s extensive manufacturing capability to scale production and take a look at their innovative technology.

First Fisker Ocean built on the high volume line at Magna Steyr
First Fisker Ocean built on the high volume line at Magna Steyr.

Today, we take a further look at Magna and some of the technologies that could be in the Fisker Ocean. If you aren’t familiar with Magna, they are the fourth largest automotive parts supplier in the world. They are one of the most innovative automotive companies too.

Fisker was smart for partnering with the automotive manufacturer in 2020 to produce the Fisker Ocean. Not only did it de-risk the Fisker Ocean, it’s given Fisker access to Magna innovation like the world’s first ICON digital radar, and it will allow them to rapidly scale production.

When you combine Fisker’s design, homegrown innovation, and industry know-how with Magna’s bleeding edge technology and manufacturing expertise, it’s a recipe for success. Check out the video below where we explore Magna technologies that could be in your Fisker Ocean. Let us know your thoughts in the comments.

This guest video was created by Jim Parrott who is the creator of OSR Garage. He is a reservation holder and holds a long position in Fisker ($FSR) shares. 

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What are your thoughts?