Magna announced as platform manufacturer for Fisker Ocean

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Dubbed the ‘world’s most sustainable vehicle’ Fisker’s upcoming electric SUV, the Ocean, will be built leveraging Magna’s EV architecture for its lightweight aluminum platform, it has been announced.

The deal with Magna will provide the framework for strategic platform sharing and manufacturing cooperation for the Fisker Ocean SUV.

The Fisker Ocean will initially be manufactured exclusively by Magna in Europe where both brands have agreed to work together to continue to develop new technologies that will accelerate innovation across multiple automotive systems and architectures for Fisker vehicles.

Using Fisker-Flexible Platform Adaptive Design (FF-PAD), Fisker’s design, engineering and software teams will integrate Magna EV architecture with the award-winning exterior design of the Ocean. The new FM29 lightweight aluminum-intensive platform is the basis not only for the Ocean – but may also be the basis for future vehicles.

Henrik Fisker, chairman and chief executive officer of Fisker, stated, “We chose to leverage the Magna EV architecture after detailed due diligence on several options – and in consideration of our own product and technology strategy. Further, having Magna take such a committed position in the project and our company demonstrates the depth of this cooperation. Combined with our own Fisker developed IP, the new FM29 platform is projected to deliver class-leading range, interior space with third-row seating and overall vehicle performance. These factors, combined with capital investments, Bill of Materials and manufacturing costs, will enable us to deliver the Ocean to market at a starting MSRP of $37,499.”

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