In a recent announcement, Fisker and Magna International Inc. have finalized a long-term manufacturing agreement. The binding agreement coincides with previous agreements between both parties regarding EV platform sharing and ADAS systems. As part of the latest agreement, Magna will produce Fisker’s upcoming electric Ocean SUV in November 2022.

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REE Automotive has announced a “strategic collaboration” with Magna International, which will allow both companies to explore the possibilities of fully modular electric vehicles (MEVs) and bring them to market. According to a press release, these MEVs will be based around the REEcorner technology and will don a “Powered by REE” brand.

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Major automotive suppliers are trying to keep up with the industry’s transition to electric propulsion. Bosch recently said that it is looking to invest in battery production and now Magna plans to expand its electric powertrain offering.

Earlier this year, they built a Tesla Model S prototype with 3 motors.

Now they plan to bring it to CES to showcase their latest electric motor technology and released a cool video of some of the tests performed on the vehicle. expand full story

We have seen a few examples of Tesla powertrains being used in other vehicles, whether it was in conversion projects or in Tesla’s powertrain program with Toyota and Daimler, but the other way around is new to us.

Magna has unveiled a Model S prototype equipped with 3 of their new electric motors – pictured above. expand full story