Magna Expands ADAS Business With Fisker
Magna International Inc. has partnered with Fisker, Inc. in developing advanced driver-assistance system (ADAS), which will be applied to the Fisker Ocean sports utility vehicle (SUV) for market release in 2022. The two companies will work together to develop ADAS features and software packages powered by a scalable domain controller architecture.
This new business win demonstrates Magna's ability to bring scale and efficiency to the mobility landscape and represents an important expansion of the electric vehicle (EV) platform sharing, vehicle engineering, and manufacturing cooperation the two companies announced last October.
Magna and Fisker partnership will bring ADAS features and unique software packages to Fisker's new SUV in 2022.
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 technology startup Uhnder, which is based in Austin in Texas, ICON RADARTM is the first digital imaging single-chip radar solution for the automotive marketplace.
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.