Magna International is going to build Fisker’s forthcoming Ocean SUV under contract at its manufacturing facility in Graz, Austria. Production of the electric vehicle (EV) will begin in the fourth quarter of 2022.
The build contract is part of a wider strategic cooperation between the luxury EV maker and Magna, which has a well-established history as a contract manufacturer and tier one supplier to the automotive industry. This is the first time it has built a vehicle for an EV start-up, though it is familiar with EVs, as it builds the I-Pace for Jaguar.
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