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Fisker
News May 6, 2024 0 comments on Magna Steyr Forecasts Fisker Ocean Production Will Not Resume

Magna Steyr Forecasts Fisker Ocean Production Will Not Resume

by David Odejide

Fisker doesn’t actually build its own vehicles, instead relying on a third party to manufacture the Ocean SUV. Their contractor, Magna Steyr, is forecasting that they don’t expect production to resume, providing yet another bleak […]

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Magna International
News February 16, 2023 0 comments on Magna International is investing $470 million to expand EV operations in Ontario

Magna International is investing $470 million to expand EV operations in Ontario

by Scott Nordlund

Magna International has announced the company is investing $470 million into Ontario-based facilities. The auto parts manufacturer will grow its locations in Guelph, Belleville, Newmarket, Windsor and Penetanguishene. The company is also building a new […]

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Powertrain Electrification vehicle photo 4 night with logos
News April 13, 2021 0 comments on Canada may play a big role in Apple Car as Magna-LG joint venture nears potential deal: Report

Canada may play a big role in Apple Car as Magna-LG joint venture nears potential deal: Report

by Drive Tesla Staff

Canada’s Magna International and LG Electronics announced a joint venture late last year, forming a new company named LG Magna e-Powertrain. The partnership was an attempt to leverage the strengths of each of the companies […]

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