Following an announcement in May that it would be reviving its off-road Scout brand for an all-electric future, Volkswagen is reportedly in talks with contract manufacturer Foxconn to help manufacture the vehicles. Additionally, VW is considering Magna Steyr as another notable option.
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American EV automaker Fisker Inc. has just hit a major company milestone years in the making. Contract manufacturer Magna Steyr has officially begun production of the Fisker Ocean SUV at its carbon neutral facility in Graz, Austria. With Magna’s help, this second iteration of the Fisker brand continues to prove the naysayers wrong while moving to deliver a truly unique looking EV.
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Commercial EV startup Volta Trucks has shared another major milestone in its lightning fast 12-month journey in bringing its flagship Zero truck into production. The very first Volta Zero truck has rolled off its assembly line in Austria, kicking off a series of validation prototypes for customers before full commercial production next year.
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Magna Steyr – an Austrian-based contract manufacturer owned by Magna International – recently shared aspirations to enter the US market and produce vehicles in a climate-friendly facility in North America. The facility overseas currently manufactures the Jaguar I-Pace and will begin production of the Fisker Ocean in November. Based on revised terms for US federal tax credits, could a move by Magna happen?
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Samsung has acquired the battery pack business of leading automotive parts supplier Magna International. The move, according to a statement from the companies, will “enhance Samsung SDI’s capabilities in batteries for electric vehicles.”
While Samsung producing batteries and energy storage solutions for vehicles isn’t exactly new—it already supplies batteries for Tesla and others—there is an Apple Car connection in its latest acquisition… Expand
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