Home News Fisker: agreement with Magna for the construction of the Ocean electric SUV

Fisker: agreement with Magna for the construction of the Ocean electric SUV

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Fisker agreement with Magna for the construction of the Ocean electric SUV

Fisker Ocean electric SUV

Fisker has announced an agreement with Magna International for a series production of the Ocean electric SUV. The official nature of this collaboration comes to a couple of months after the news that the two companies were talking to each other to carry out the project of the new battery-powered vehicle together. Thanks to this agreement, Fisker will be able to bring Ocean to the road while respecting its schedule. Production will start in the fourth quarter of 2022.

The announcement of the collaboration highlights some interesting details. The future SUV will be built on the FM29 platform developed jointly by Fisker and Magna. A platform that will then also be used for other models of the American brand. In this regard, it is recalled that the manufacturer’s goal would be to launch 3 battery-powered vehicles by 2025. The second interesting detail is financial.

Fisker Ocean electric SUV Images

Following the merger between Fisker and Spartan Energy Acquisition Corp., Magna will have a pre-emptive right to purchase up to 6% of the American manufacturer. Originally, Fisker was also in talks with Volkswagen to use its MEB platform. In the end, things went differently but the American brand says it is still negotiating with the Germans for other unspecified elements of its vehicle.

Fisker Ocean electric SUV Price

Finally, it should be remembered that the Ocean electric SUV will be sold at a starting price of 37,499 dollars, which at the exchange rate is just over 32,000 euros.

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