Fisker Ocean to be built at European Magna plant

Fisker Ocean to be built at European Magna plant

October 16, 2020 0 By autotimesnews

The American automaker is about to build the Fisker Ocean SUV in Europe. The Austrian Magna Steyr plant signed an agreement with the company.

Fisker hopes to become a global player in the electric vehicle market with its new crossover. In this respect, Europe is a very important target area: the introduction of electric vehicles is happening here quickly, and European production in this case is a big plus.

Previous reports of the Fisker-Magna Steyr collaboration turned out to be more than rumors, and Fisker CEO Henrik Fisker told Forbes that the deal is complete. In addition to manufacturing in Austria, Magna also wants Ocean to be phased out in the US and China. So the brand is taking a very serious step, because there are big stakes at stake.

“This decision is the result of a deep strategic partnership with Magna. It includes Magna’s acquisition of a six percent stake in Fisker and Magna to build Ocean, ” – explained Fisker.

In any case, Fisker Ocean already looks promising on paper. An electric SUV has a battery with a capacity of at least 80 kWh on board and must travel 500 km on a single charge. The alleged Tesla Model Y rival combines electric driving with a sporty character. The top version should reach speeds of up to 96 km / h in 2.9 seconds. With a preliminary starting price of 37,500 euros, it is possible that we have another serious competitor to Tesla.

Most likely, the Ocean will be followed by even more models of the Austrian assembly. Fisker plans to have four models in the lineup by 2025. Either way, Fisker was in the right place at the right time, since Magna is certainly no stranger to the automotive industry. The company, with many years of experience, is currently responsible for the production of, in particular, the Jaguar i-Pace and the BMW 5-Series, and since 1979 the Mercedes-Benz G-Class has been produced here.