Magna

Fisker Ocean in Demand: Company Considering Production Expansion Beyond 50K Units Per Year as Sport and Ultra Trims Sell Out in U.S.; Strong Enthusiasm Sets Tone for Possible American Manufacturing

Retrieved on: 
Friday, August 19, 2022
Automotive, General Automotive, Automotive Manufacturing, EV, Electric Vehicles, Manufacturing, Off-Road Trucks & SUVs, Photograph, Concours, U.S. Securities and Exchange Commission, Blue, Multimedia, SUV, Risk, Industry, CEO, NYSE, Maintenance, OEM, Pebble Beach Concours d'Elegance, YouTube, SEC, Facebook, Inc., Security (finance), Annual report, EPA, Atlantic Ocean, Instagram, No, Company, Contract, Twitter, Eye, Projection, Pacific Ocean, Extreme, Magna, Private Securities Litigation Reform Act, HMI, WLTP, LinkedIn, City, Terminology, Renewable energy, Fisker, Fisker Inc., The Hamptons

The Fisker Ocean Sport base model and mid-level Fisker Ocean Ultra followed suit, with potential binding orders for the 2023 U.S. allocation for both trims selling out in a matter of days earlier this month.

Key Points: 
  • The Fisker Ocean Sport base model and mid-level Fisker Ocean Ultra followed suit, with potential binding orders for the 2023 U.S. allocation for both trims selling out in a matter of days earlier this month.
  • The Fisker Ocean Sport base model and mid-level Fisker Ocean Ultra followed suit, with potential binding orders for the 2023 U.S. allocation for both trims selling out in a matter of days earlier this month.
  • "The enthusiasm we're seeing worldwide for the Fisker Ocean is nothing short of humbling.
  • "We are also exploring expanding operations to meet this growing demand, including considering manufacturing in the United States.

Fisker Sells Out of 2023 Planned Production of Fisker Ocean Sport and Ultra Trims for the US Market and Prepares for the Start of Production in Austria

Retrieved on: 
Friday, August 12, 2022
Automotive, Automotive Manufacturing, General Automotive, EV, Electric Vehicles, Manufacturing, Off-Road Trucks & SUVs, Alternative Vehicles, Fuels, U.S. Securities and Exchange Commission, Multimedia, Risk, Inflation, Industry, NYSE, Maintenance, OEM, Mission control center, SEC, Facebook, Steyr, Inc., YouTube, Security (finance), Annual report, Instagram, EVS, No, Company, Twitter, Contract, EV, Ultra, Sport, IRA, Magna, LinkedIn, Terminology, Renewable energy, Fisker, Fisker Inc.

View the full release here: https://www.businesswire.com/news/home/20220812005109/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20220812005109/en/
    Fisker Inc. sold out of its 2023 U.S. allotment of the Fisker Ocean Sport and Fisker Ocean Ultra trim levels.
  • Fisker is exploring U.S. manufacturing sites, as well as considering increasing Fisker Ocean production in late 2023.
  • At the carbon-neutral factory in Austria, where the Fisker Ocean starts production on November 17, 2022, Fisker is preparing for large-scale manufacturing.
  • As mentioned above, Fisker plans to reopen the order process for the Fisker Ocean Extreme trim on November 18, 2022.

Fisker Publishes Inaugural ESG Report in Advance of All-Electric Fisker Ocean's November 2022 Start of Production

Retrieved on: 
Wednesday, August 10, 2022
Automotive Manufacturing, EV, Electric Vehicles, Other Energy, Manufacturing, Environmental Policy, Alternative Vehicles, Fuels, Automotive, Energy, Professional Services, Environmental, Social and Governance (ESG), Environment, Sustainability, Performance & Special Interest, Climate Change, People, Photograph, U.S. Securities and Exchange Commission, Multimedia, United Nations, Risk, United Nations Global Compact, Great White, Google Play, Industry, NYSE, Maintenance, OEM, YouTube, SEC, Facebook, Inc., Social responsibility, Security (finance), Sustainability Accounting Standards Board, Annual report, ESG, Black Abyss, Instagram, In the Future When All's Well, No, Company, Twitter, Contract, ILO, UNSDG, App Store (iOS/iPadOS), App store, International Organization (journal), Sustainable Development Goals, Magna, International Labour Organization, ISO, LinkedIn, Publishing, Terminology, Renewable energy, Risk management, Fisker, Fisker Inc.

View the full release here: https://www.businesswire.com/news/home/20220810005712/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20220810005712/en/
    The five-passenger Fisker Ocean is designed and engineered to be the world's most sustainable vehicle.
  • Publishing its ESG Impact Report demonstrates Fisker's foundational commitment to transparency, People, and Planet.
  • It's unusual for a pre-production company to report on people and the planet practices, but transparency and ESG are fundamental to our purpose," says Fisker chairman and CEO Henrik Fisker.
  • The Fisker ESG Impact Report sets a precedent for new companies aligned with widely accepted criteria, frameworks, and regulatory bodies.

Fisker Inc. Announces Second Quarter 2022 Financial Results

Retrieved on: 
Wednesday, August 3, 2022
Automotive Manufacturing, Alternative Energy, Energy, Green Technology, Manufacturing, Sustainability, Alternative Vehicles, Fuels, Technology, Performance & Special Interest, Environment, Off-Road Trucks & SUVs, General Automotive, Other Technology, Automotive, Engineering, PEAR, Acquisition, Ultra, Senior, World of McIntosh Experience Center, Magna, Inc., Crash, Electronics, Sport utility vehicle, Magna International, Engineering, NYSE, Public expenditure, Forecasting, Multimedia, Chase, Safety, ATM, Sport, Language, Technology, Summer, Extreme, Grand tourer, CEO, Rencontres, Foxconn, SUV, SOP, ADAS, Growth, Renewable energy, 3D printing, Fisker, Fisker Inc.

Fisker Inc. (NYSE: FSR) (Fisker) -- passionate creator of the worlds most sustainable electric vehicles and advanced mobility solutions -- today announced its financial results for the second quarter ended June 30, 2022.

Key Points: 
  • Fisker Inc. (NYSE: FSR) (Fisker) -- passionate creator of the worlds most sustainable electric vehicles and advanced mobility solutions -- today announced its financial results for the second quarter ended June 30, 2022.
  • Second Quarter 2022 Business Highlights:
    Rapid progress on Fisker Ocean testing and validation across multiple workstreams.
  • Fisker Ocean made its French debut at the Rencontres Flotauto 2022 and its United Kingdom debut at the 2022 Goodwood Festival of Speed in June 2022.
  • Second Quarter 2022 Financial Highlights:
    Cash and cash equivalents of $851.9 million as of June 30, 2022, which reflects approximately $14.2 million raised from Fiskers $350 million at-the-market (ATM) equity program during the second quarter of 2022.

Trumble, Inc. Announces Mike Prins Has Joined the Company as Chief Executive Officer

Retrieved on: 
Wednesday, August 3, 2022
Chemicals, Plastics, Retail, Automotive Manufacturing, Aerospace, Data Management, Manufacturing, Technology, Supply Chain Management, General Automotive, Transport, Other Manufacturing, Textiles, Automotive, Steel, Logistics, Supply Chain Management, Engineering, Continental, AI, Abbott, Steelcase, Magna, General Motors, Board, Workforce, Ford Motor Company, Multimedia, Daimler AG, Medtronic, Technology, Adoption, Tata Daewoo, JCI, Risk management, Trumble

Trumble, Inc. announced Mike Prins has joined the firm as Chief Executive Officer.

Key Points: 
  • Trumble, Inc. announced Mike Prins has joined the firm as Chief Executive Officer.
  • Mr. Prins brings more than 30 years of experience focused on growth-stage companies leveraging advancements in operations, product development, technology, and strategic relationships.
  • Mike brings a wealth of experience, along with the relationships needed to grow REVEALs market-share and optimize our technology to reduce costly waste.
  • Trumble is a plant floor intelligence company and home to a factory AI solution, REVEAL which eliminates manufacturing costs by making plant floors work smarter.

THE SHAREHOLDERS OF ENERGY SUPPLY DEVELOPERS, LLC NAME SENIOR LEADERSHIP TEAM

Retrieved on: 
Thursday, July 21, 2022
Industry, ESD, Government, Research, Solution, CATL, Ownership, Steyr, SAE, ASIMCO Technologies, General Motors, Wall Street, Magna, Altairnano, Association, LLC, Super, Management

LAMBERTVILLE, N.J. , July 21, 2022 /PRNewswire/ -- The shareholders of ESD named Bob Galyen, Chairman; Jeff Yambrick, Chief Executive Officer; and Jack Perkowski, Chief Financial Officer. All three executives are founding shareholders of ESD and bring valuable experience and a broad network of contacts to the company.

Key Points: 
  • The shareholders of Energy Supply Developers, LLC ("ESD") announced that three of its members were elected to its Senior Leadership team to implement the company's vision of establishing a battery value chain in North America.
  • LAMBERTVILLE, N.J., July 21, 2022 /PRNewswire/ --The shareholders of ESD named Bob Galyen, Chairman; Jeff Yambrick, Chief Executive Officer; and Jack Perkowski, Chief Financial Officer.
  • All three executives are founding shareholders of ESD and bring valuable experience and a broad network of contacts to the company.
  • Bob Galyen, Chairman, is widely regarded as one of the most knowledgeable professionals in the global battery industry.

Fisker Announces Timing of Second Quarter 2022 Results and Webcast

Retrieved on: 
Tuesday, July 19, 2022
Hardware, Chemicals, Plastics, Alternative Energy, Energy, Manufacturing, Alternative Vehicles, Fuels, Technology, Other Automotive, EV, Electric Vehicles, Environment, General Automotive, Telecommunications, Automotive, Software, Other Energy, Engineering, Inc., Original equipment manufacturer, Say, Industry, U.S. Securities and Exchange Commission, Twitter, Instagram, OEM, Event, NYSE, App Store (iOS/iPadOS), SEC, Risk, Google Play, Webcast, Q&A, YouTube, Facebook, Security (finance), LinkedIn, App store, Fisker, Magna, Annual report, Terminology, No, Contract, Online shopping, Fisker Inc.

Fisker Inc. (NYSE: FSR) ("Fisker") passionate creator of the world's most sustainable electric vehicles and advanced mobility solutions today announced that it will report its second quarter 2022 financial results after market close on Wednesday, August 3, 2022.

Key Points: 
  • Fisker Inc. (NYSE: FSR) ("Fisker") passionate creator of the world's most sustainable electric vehicles and advanced mobility solutions today announced that it will report its second quarter 2022 financial results after market close on Wednesday, August 3, 2022.
  • The conference call can be accessed via a live webcast accessible on the Events and Presentations page of Fiskers Investor Relations website: https://investors.fiskerinc.com /.
  • In addition, Fisker will once again provide shareholders the ability to submit and upvote questions to management through a shareholder Q&A platform.
  • Fisker remains on target to start production and deliveries of the all-electric Fisker Ocean in November 2022.

Greentown Labs Announces Go Move 2022 with BASF and Magna

Retrieved on: 
Tuesday, July 19, 2022
Ecosystem, Traction, Entrepreneurship, Innovation, LinkedIn, Solution, Agriculture, Knowledge, Engineering, Program, Carbon, Technology, Twitter, Food, Transport, Software, Recycling, Face, General counsel, Industry, Social responsibility, Efficiency, Magna, Creativity, Pakistan Technology Evaluation Satellite, Electricity, Partnership, BASF, Deep Decarbonization Pathways Project, Renewable energy, Facebook

SOMERVILLE, Mass. and HOUSTON, July 19, 2022 /PRNewswire/ -- The transportation sector is responsible for 16 percent of global greenhouse gas emissions. To reduce its footprint, we need technological breakthroughs and the right stakeholders to help them scale. That's why BASF, Magna, and Greentown Labs have partnered to launch Greentown Go Move 2022—a startup-corporate partnerships accelerator that's seeking applications from startups with material and recycling process innovations that decarbonize the lifecycle impact of the automotive industry.

Key Points: 
  • That's why BASF , Magna , and Greentown Labs have partnered to launch Greentown Go Move 2022 a startup-corporate partnerships accelerator that's seeking applications from startups with material and recycling process innovations that decarbonize the lifecycle impact of the automotive industry.
  • BASF , the Leading Partner on Go Move 2022, is a global leader in chemicals as well as the #1 chemical supplier to the automotive industry.
  • "BASF is eager to see what startups have to offer with the launch of Go Move 2022 and thankful to work with Magna and Greentown Labs on this initiative."
  • Magna , the Supporting Partner on Go Move 2022, is one of the world's largest suppliers in the automotive space.

Blaize and VSaaS to Collaborate on the Development and Deployment of AI Surveillance Applications

Retrieved on: 
Tuesday, June 28, 2022
Software, Technology, Networks, Artificial Intelligence, Dorado, DENSO, Transport, CEO, Architecture, ROI, Infrastructure as a service, Intelligence, Magna, SPARX Group, GSP, Daimler, Temasek, Name, SGInnovate, Machine learning, Artificial intelligence, WaveMaker, GGV Capital, Solution, AI, Data collection, Blaize, Medical device

As part of the agreement, Blaize and VSaaS will accelerate time-to-market and scale the development of AI surveillance applications in retail, smart city, and transportation.

Key Points: 
  • As part of the agreement, Blaize and VSaaS will accelerate time-to-market and scale the development of AI surveillance applications in retail, smart city, and transportation.
  • "Our AI surveillance applications powered by Blaize enable quick and easy deployment running on the edge, on-premise, or in a data center, addressing the unique needs of our shared customers."
  • The VSaaS platform utilizes existing infrastructure to develop, deploy, and scale video surveillance applications using AI and machine learning.
  • Placed in existing infrastructures, VSaaS implements its AI Edge platform in the security, retail, and transportation industries.

BlackBerry Software Is Now Embedded In Over 215 Million Vehicles

Retrieved on: 
Wednesday, June 22, 2022
Solution, Magna, Industry, Ford Motor Company, QNX, Safety, TSX, Volvo, Denso, Aptiv, Mercedes-Benz, Technology, Continental, Original equipment manufacturer, GM, CEO, OS, IOT, Growth, Electronics, BlackBerry Limited, ADAS, Electric vehicle, Machine learning, Fiscal, LG Electronics, BB, AI, Visteon, NYSE, BMW, City, Hyundai, BlackBerry, Mobile phone, Motor vehicle

WATERLOO, ON, June 22, 2022 /PRNewswire/ -- BlackBerry Limited (NYSE: BB; TSX: BB) today announced that Strategy Analytics, a leading independent research firm, has determined BlackBerry® QNX® software is now embedded in over 215 million vehicles worldwide, an increase of 20 million from the year before.

Key Points: 
  • WATERLOO, ON, June 22, 2022 /PRNewswire/ -- BlackBerry Limited (NYSE: BB; TSX: BB) today announced that Strategy Analytics, a leading independent research firm, has determined BlackBerry QNX software is now embedded in over 215 million vehicles worldwide, an increase of 20 million from the year before.
  • BlackBerry also announced that its BlackBerry QNX royalty revenue backlog has increased to approximately $560 million at the end of its first quarter of Fiscal Year 2023.
  • "BlackBerry continues to be the clear market leader in safety-critical embedded automotive software, with consistent growth in vehicles count, from over 16 million in 2013 to over 215 million today.
  • Strategy Analytics determined the volume of vehicles embedded with BlackBerry QNX software based on the number of BlackBerry QNX products that are shipped in the automotive market and the number of cars that contain BlackBerry QNX products and technology.