# Fisker and Magna enter strategic cooperation for Ocean SUV production

Fisker Inc. announced a strategic cooperation with Magna International for platform sharing and manufacturing of the Fisker Ocean SUV, with production planned at Magna's European facility starting Q4 2022.

- Type: Partnership
- Announced: 2020-10-15
- Where: Magna's European vehicle assembly facility, Austria
- Status: announced
- Products: Fisker Ocean SUV, FM29 platform
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Fisker](https://endata.com/companies/49935.md)
- [Magna International](https://endata.com/companies/2534.md) (partner)

## Sources

- [businesswire.com](https://www.businesswire.com/news/home/20201015005424/en/Fisker-Announces-Strategic-Cooperation-With-Magna), 2020-10-15: "We chose to leverage the Magna EV architecture after detailed due diligence on several options – and in consideration of our own product and technology strategy."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.