Back down to 14.86 right now!
Breh's buy stock in "Fisker" now !!
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Magna Announces Collab
oration With Fisker To Develop An Advanced Driver Assistance System
1/4/21 6:57 AM ET (Benzinga)Print
Magna today confirmed that it is collaborating with Fisker to develop an Advanced Driver Assistance System (ADAS), which will be applied to the Fisker Ocean SUV that is expected to launch in late 2022. This new business win demonstrates Magna’s ability to bring scale and efficiency to the mobility landscape and represents an important expansion of the EV platform sharing, vehicle engineering and manufacturing cooperation the two companies announced last October.
Magna and Fisker will work together to develop industry-unique ADAS features and a suite of software packages powered by a scalable domain controller architecture.
In addition to leveraging cameras and ultrasonic sensors, the ADAS package includes a unique and first-to-market digital imaging radar technology. Co-developed with Austin, Texas-based technology startup Uhnder, ICON RADARTM is the first digital imaging single-chip radar solution for the automotive marketplace.
“One of our strategic goals is to pursue new business in areas where Magna’s unique strengths can be deployed with an advantage compared to our peers,” said Swamy Kotagiri, Magna CEO. “Our collaboration with Fisker is a great example - we can provide a new OEM like Fisker with a flexible and scalable EV platform, complete ADAS package, joint vehicle engineering and manufacturing. By engaging early and working closely with such customers, we can provide rapid commercialization and gain synergies including cost efficiency, delivering additional benefits to the industry overall.”
Fisker and Magna recently completed the definitive platform agreement and initial manufacturing agreement, just two months on from the original framework agreements. The Fisker Ocean will initially be manufactured exclusively by Magna in Europe.
The Fisker Ocean SUV will use a modified version of a Magna-developed EV platform to power Fisker’s FM29 platform.
"The ability to integrate Fisker-Intelligent Pilot technologies into the Fisker Ocean SUV from launch is mission-critical for the whole program,” said Henrik Fisker, Chairman and CEO, Fisker. “The excellent collaboration between the Fisker and Magna engineering teams, already proven by passing the first engineering milestone last November, gave us the confidence to work with Magna on these important technologies for the Ocean."
© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Magna Announces Collab
oration With Fisker To Develop An Advanced Driver Assistance System
1/4/21 6:57 AM ET (Benzinga)Print
Magna today confirmed that it is collaborating with Fisker to develop an Advanced Driver Assistance System (ADAS), which will be applied to the Fisker Ocean SUV that is expected to launch in late 2022. This new business win demonstrates Magna’s ability to bring scale and efficiency to the mobility landscape and represents an important expansion of the EV platform sharing, vehicle engineering and manufacturing cooperation the two companies announced last October.
Magna and Fisker will work together to develop industry-unique ADAS features and a suite of software packages powered by a scalable domain controller architecture.
In addition to leveraging cameras and ultrasonic sensors, the ADAS package includes a unique and first-to-market digital imaging radar technology. Co-developed with Austin, Texas-based technology startup Uhnder, ICON RADARTM is the first digital imaging single-chip radar solution for the automotive marketplace.
“One of our strategic goals is to pursue new business in areas where Magna’s unique strengths can be deployed with an advantage compared to our peers,” said Swamy Kotagiri, Magna CEO. “Our collaboration with Fisker is a great example - we can provide a new OEM like Fisker with a flexible and scalable EV platform, complete ADAS package, joint vehicle engineering and manufacturing. By engaging early and working closely with such customers, we can provide rapid commercialization and gain synergies including cost efficiency, delivering additional benefits to the industry overall.”
Fisker and Magna recently completed the definitive platform agreement and initial manufacturing agreement, just two months on from the original framework agreements. The Fisker Ocean will initially be manufactured exclusively by Magna in Europe.
The Fisker Ocean SUV will use a modified version of a Magna-developed EV platform to power Fisker’s FM29 platform.
"The ability to integrate Fisker-Intelligent Pilot technologies into the Fisker Ocean SUV from launch is mission-critical for the whole program,” said Henrik Fisker, Chairman and CEO, Fisker. “The excellent collaboration between the Fisker and Magna engineering teams, already proven by passing the first engineering milestone last November, gave us the confidence to work with Magna on these important technologies for the Ocean."
© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
BobbyBooshay
Arnold Jackson
PLUG shooting up
Plug Power jumps after deal for SK Group to take $1.5 billion stake
Hope you all jumped on as it was mentioned in here a few times
Plug Power jumps after deal for SK Group to take $1.5 billion stake
Hope you all jumped on as it was mentioned in here a few times
Up ~30% todayPLUG shooting up
Plug Power jumps after deal for SK Group to take $1.5 billion stake
Hope you all jumped on as it was mentioned in here a few times
Missed on this one
The D-List Vet
Being in a recommendation system.
PLUG shooting up
Plug Power jumps after deal for SK Group to take $1.5 billion stake
Hope you all jumped on as it was mentioned in here a few times
Yes sir plug been feeding your boy...
BobbyBooshay
Arnold Jackson
Yes sir plug been feeding your boy...
Good man
Sqaure is one to jump on, due their connection to BTC
https://www.investors.com/news/technology/sq-stock-buy-now/
What should I do about this brehs 
I have a $35 call for Fisker that expires January 15, 2021
Is this looking good brehs
In case it isn't, what should I do
ORDER_66
Demon Time coming 2024
Its when you basically bet that a stock will go up to a certain price, by a certain date.Explain whats a call?!?
So I basically bet Fisker would have a stock price of $35 or higher by January 15th
What should I do about this brehs
buy a $20 call for May or something , it might run after they roll out thier ad campaign.
Last edited:
Kyle C. Barker
Migos VERZUZ Mahalia Jackson
November 27
