Magna

All-Electric Fisker Ocean Scheduled for 2022 Mondial de l'Auto in Paris

Retrieved on: 
Monday, September 26, 2022

Fisker Inc. (NYSE: FSR) ("Fisker") passionate creator of the world's most sustainable electric vehicles and advanced mobility solutions will feature its all-electric Fisker Ocean SUV at the 2022 Mondial de l'Auto held at the Paris Expo Porte de Versailles October 17-23, 2022.

Key Points: 
  • Fisker Inc. (NYSE: FSR) ("Fisker") passionate creator of the world's most sustainable electric vehicles and advanced mobility solutions will feature its all-electric Fisker Ocean SUV at the 2022 Mondial de l'Auto held at the Paris Expo Porte de Versailles October 17-23, 2022.
  • View the full release here: https://www.businesswire.com/news/home/20220926005748/en/
    The all-electric Fisker Ocean will be on display at the 2022 Mondial de l'Auto held at the Paris Expo Porte de Versailles.
  • We're on track for production to start in November 2022 at Magna's carbon-neutral factory in Austria, and we'll deliver the first Fisker Ocean to France a few months later."
  • Designed to be the most sustainable SUV on Earth, the Fisker Ocean features a beautifully crafted interior with ethically sourced, upcycled materials throughout.

EQS-News: Mutares SE & Co. KGaA: Tenth acquisition in 2022: Mutares has signed an irrevocable offer to acquire a plant of an automotive supplier in France

Retrieved on: 
Friday, September 23, 2022

The plant, which will generate revenues of around EUR 200 million in 2022, employs 740 people and has a long tradition of producing premium transmissions for the automotive industry.

Key Points: 
  • The plant, which will generate revenues of around EUR 200 million in 2022, employs 740 people and has a long tradition of producing premium transmissions for the automotive industry.
  • We therefore see great potential for the business as part of our portfolio," comments Johannes Laumann, CIO of Mutares.
  • As the portfolio grows, so do consulting revenues, which together with portfolio dividends and exit proceeds accrue to the Mutares Holding.
  • The shares of Mutares SE & Co. KGaA are traded on the Regulated Market of the Frankfurt Stock Exchange under the symbol "MUX" (ISIN: DE000A2NB650).

Magna's Industry-First Thermoplastic Rear Swing Doors Hit the Market

Retrieved on: 
Monday, September 19, 2022

Its latest innovation, rear thermoplastic swing doors, are hitting the market for the first time on the all-electric Volkswagen ID.

Key Points: 
  • Its latest innovation, rear thermoplastic swing doors, are hitting the market for the first time on the all-electric Volkswagen ID.
  • With the use of thermoplastics, the spoiler is now integrated into the swing doors which reduces cost, creates a cleaner appearance and improves vehicle aerodynamics.
  • From carrying cargo to working on the job site, consumers have the option to choose their preferred method of rear access to fit their lifestyle; a traditional liftgate or split swing doors.
  • With the current trend towards electric vehicles, some analysts project the thermoplastic liftgate market could grow up to 15% by 2028.

Magna Develops and Pilots Autonomous, On-Road Last-Mile Delivery Solution

Retrieved on: 
Wednesday, September 14, 2022

The company has successfully developed and is piloting a novel last mile delivery solution for urban environments.

Key Points: 
  • The company has successfully developed and is piloting a novel last mile delivery solution for urban environments.
  • Magna-developed low-speed autonomous driving system; and
    With the goal of significantly reducing last mile delivery costs and carbon emissions in cities, the Magna new mobility team built a full-stack solution, from the ground up, leveraging hardware and software from our automotive products.
  • Magnas solution enables retailers and other stakeholders to offer end-to-end last mile delivery across a range of potential business models.
  • The Magna-developed robot was launched on a pilot basis with a pizza restaurant in the Detroit area in March 2022.

Blaize Partners With Accton to Bring Edge AI Computing Service to AI Inspection Market

Retrieved on: 
Wednesday, September 14, 2022

Blaize today announced a strategic partnership with Accton, a premier provider of networking and communications solutions, to bring edge AI computing to the AI inspection market.

Key Points: 
  • Blaize today announced a strategic partnership with Accton, a premier provider of networking and communications solutions, to bring edge AI computing to the AI inspection market.
  • The Accton Smart Automated Optical Inspection (AOI) solution will utilize the Blaize Pathfinder P1600 Embedded System on Module (SoM) to add visual AI production line inspection for assembly, manufacturing, packaging, and appearance activities.
  • "We are pleased to partner with Blaize to provide our customers with a cost-effective AI inspection service.
  • "With the Blaize solution, we can easily deploy a powerful service to manufacturers of all sizes."

Magna Enters Micromobility Market: Investing in Yulu and Creating Battery-Swapping Business

Retrieved on: 
Monday, September 12, 2022

AURORA, Ontario, Sept. 11, 2022 (GLOBE NEWSWIRE) -- Mobility technology company Magna is expanding into the fast-growing micromobility market by investing $77 million in Yulu, Indias largest electrified shared mobility provider, and creating a battery-swapping service company.

Key Points: 
  • AURORA, Ontario, Sept. 11, 2022 (GLOBE NEWSWIRE) -- Mobility technology company Magna is expanding into the fast-growing micromobility market by investing $77 million in Yulu, Indias largest electrified shared mobility provider, and creating a battery-swapping service company.
  • As part of the agreement, Magna will have a stake in the company and will hold a seat on Yulus board of directors.
  • Micromobility presents a great opportunity for additional growth for Magna, and joining forces with Yulu helps us expand our business into this rapidly growing sector.
  • Magna brings extensive capabilities in design, engineering and manufacturing to this new entity, currently registered as Yulu Energy.

OrionVM and Blaize Launch New AI-as-a-Service (AIaaS) Offering

Retrieved on: 
Wednesday, September 7, 2022

This allows them to harness the power of machine learning at significantly lower costs, said Daniel Pfeiffer, COO and VP Partnerships for OrionVM.

Key Points: 
  • This allows them to harness the power of machine learning at significantly lower costs, said Daniel Pfeiffer, COO and VP Partnerships for OrionVM.
  • For more information on the OrionVM and Blaize AI offerings, please visit https://www.orionvm.com/BlaizeAI .
  • The OrionVM Cloud Platform supports private, public, hybrid & bare-metal cloud deployments and is built either for internal consumption or resale.
  • Follow Blaize on Twitter ( @blaizeinc ) and LinkedIn ( Blaize ).

OrionVM and Blaize Launch New AI-as-a-Service (AIaaS) Offering

Retrieved on: 
Wednesday, September 7, 2022

This first-of-its-kind partnership will empower organizations across multiple industries to launch their AI solutions more quickly and efficiently, including machine learning across vast data sets.

Key Points: 
  • This first-of-its-kind partnership will empower organizations across multiple industries to launch their AI solutions more quickly and efficiently, including machine learning across vast data sets.
  • This allows them to harness the power of machine learning at significantly lower costs," said Daniel Pfeiffer, COO and VP Partnerships for OrionVM.
  • For more information on the OrionVM and Blaize AI offerings, please visit https://www.orionvm.com/BlaizeAI .
  • The OrionVM Cloud Platform supports private, public, hybrid & bare-metal cloud deployments and is built either for internal consumption or resale.

Fisker Inc. to Participate in Two Upcoming Investor Conferences

Retrieved on: 
Tuesday, September 6, 2022

Fisker Inc. (NYSE: FSR) (Fisker) -- passionate creator of the world's most sustainable electric vehicles and advanced mobility solutions announced today it will webcast its participation in fireside chats at two upcoming investor conferences.

Key Points: 
  • Fisker Inc. (NYSE: FSR) (Fisker) -- passionate creator of the world's most sustainable electric vehicles and advanced mobility solutions announced today it will webcast its participation in fireside chats at two upcoming investor conferences.
  • Henrik Fisker, Chairman and Chief Executive Officer of Fisker, will speak at Cowens 15th Annual Global Transportation & Sustainable Mobility Conference.
  • The event will take place on Thursday, September 8, 2022, at 10:00 a.m. PT and will be available via webcast.
  • California-based Fisker Inc. is revolutionizing the automotive industry by developing the most emotionally desirable and eco-friendly electric vehicles on Earth.

Magna Returns to NAIAS 2022 With All Its Power

Retrieved on: 
Monday, August 29, 2022

Also known as the Detroit Auto Show, NAIAS will be held at Huntington Place Convention Center in Detroit, Mich., between September 14-25, 2022.

Key Points: 
  • Also known as the Detroit Auto Show, NAIAS will be held at Huntington Place Convention Center in Detroit, Mich., between September 14-25, 2022.
  • The Power of Magna is the companys expertise in delivering solutions across many areas of the vehicle, setting it apart from its competitors.
  • As our industry evolves rapidly, Magna is at the forefront of innovations that power the mobility experiences of the future, said Eric Wilds, Chief Sales & Marketing Officer.
  • Additional technologies showcasing the Power of Magna at NAIAS include:
    NAIAS opens to media and the industry on September 14, 2022, before opening to the public on September 17, 2022.