Samsung just bought a rumored Apple Car partner’s battery unit
Samsung has acquired the battery pack business of leading automotive parts supplier Magna International. The move, according to a statement from...
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Magna mulls US plant – could Fisker Ocean and Jaguar I-Pace soon qualify for...
Magna Steyr – an Austrian-based contract manufacturer owned by Magna International – recently shared aspirations to enter the US market and produce vehicles in a climate-friendly facility in North...
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From drawing board to assembly line in 12 months: Volta Zero truck nears...
Commercial EV startup Volta Trucks has shared another major milestone in its lightning fast 12-month journey in bringing its flagship Zero truck into production. The very first Volta Zero truck has...
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Fisker Ocean SUV commences production in Austria on schedule
American EV automaker Fisker Inc. has just hit a major company milestone years in the making. Contract manufacturer Magna Steyr has officially begun production of the Fisker Ocean SUV at its carbon...
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VW reportedly in talks with Foxconn, Magna to manufacture Scout brand EVs
Following an announcement in May that it would be reviving its off-road Scout brand for an all-electric future, Volkswagen is reportedly in talks with contract manufacturer Foxconn to help manufacture...
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Magna signs on to completely engineer and build off-road EVs for INEOS,...
Building off a previous relationship with INEOS Automotive for contracted vehicle engineering, Magna is adding a new model to its complete vehicle manufacturing branch – an all-electric 4×4 designed to...
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Rivian R1T spotted in Germany – A sign of what’s to come?
Over the weekend, a Rivian R1T model was spotted in Germany with plates registered in Graz, Austria, suggesting a possible connection to contract vehicle manufacturer Magna Steyr. Is this the sign of...
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Report: Volkswagen’s Scout brand taps Magna Steyr to develop its electric...
A recent report out of Austria states that local contract manufacturer Magna Steyr has been chosen by Volkswagen’s new all-electric truck brand Scout, to develop the latter’s first wave of vehicles....
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Fisker files bankruptcy equivalent in Austria to gain ‘breathing room’ amid...
It has been a turbulent couple of months since Fisker Inc. posted its Q4 2023 financial report and relayed concerns it could continue business in EVs. Fisker’s Austrian arm has reportedly filed for...
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Magna Steyr in discussions with several Chinese automakers to localize EV...
Austria-based contract manufacturer Magna Steyr has confirmed that several Chinese OEMs are discussing the possibility of local EV production ahead of further sales in Europe. The decision may be...
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