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Magna International, Fisker’s manufacturing partner, supports Ukraine and will be idling its Russian operations.
Magna International, parent company of Magna Steyr, will be suspending its Russian operations. Fisker and Magna announced their partnership at the end of 2020. The Fisker Ocean will be manufactured exclusively by Magna in Europe. Production of the Fisker Ocean SUV starts in November 2022 at Magna Steyr’s CO2 neutral factory in Graz, Austria. The electric vehicle leverages Magna’s EV architecture combined with the Fisker-Flexible Platform Adaptive Design (FF-PAD). The companies co-developed the FM29 platform, a lightweight, aluminum intensive platform for the Fisker Ocean.
In a statement posted to their website, Magna International will be...Read More: Fisker’s Manufacturing Partner Magna Suspends Russian Operations
 

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Magna International Website:

"Like most in the international community, we remain deeply concerned with the very unfortunate situation in Ukraine. Given current conditions, Magna is idling its Russian operations.
Although we do not have facilities in Ukraine, we have the privilege of working with thousands of Ukrainian colleagues in our Magna operations around the world as well as those from Russia who share the same values of human rights, diversity and inclusion. Today, we are making a significant donation to the UN Refugee Agency and will match employee contributions for the well-being and safety of Ukrainian people, which remains a paramount concern during this difficult time."

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