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Fisker files bankruptcy equivalent in Austria to gain ‘breathing room’ amid Ocean production halt

Baua Electric

As a result, the automaker lowered its production targets several times throughout 2023 while pulling any demand levers to maintain liquidity. says the restructuring in Austria will offer the business a little more time to woo a new investor. As such, over 40,000 reservation holders canceled their Ocean orders.

Austria 52
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Fisker and Magna sign long-term manufacturing agreement

Green Car Congress

signed a binding agreement supporting manufacturing with Magna International. Fisker and Magna also confirmed that production of the all-electric Fisker Ocean SUV is projected to start on 17 November 2022 at Magna’s manufacturing facility in Graz, Austria, where they have produced more than 3.7 Fisker Inc.

Fisker 199
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Volta Trucks secures European Whole Vehicle Type Approval for the all-electric Volta Zero

Green Car Congress

The certification of the all-electric Volta Zero comes as the second-generation Production Verification prototypes are soon to be delivered to customers across Europe as part of a pilot fleet of vehicles. It’s the process used to ensure that all vehicles meet the stringent and relevant environmental, safety and security standards.

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Volkswagen presents all-electric ID. XTREME off-road concept car

Green Car Congress

At the international ID. —Silke Bagschik, Head of the MEB Product Line. Raised rally running gear, 18-inch off-road wheels, a modified crash member with additional front bumper, and 50 mm-wider wings manufactured by 3D printing combine to give the concept vehicle an off-road look. XTREME off-road concept car.

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Mercedes EQG sightings hint toward potential production readiness

Teslarati

The Mercedes EQG, an electric version of the infamous G-Wagon, is finally nearing production readiness, as evidenced by numerous sitings, information revealed by Mercedes executives, and more. Would its production facilities be prepared for the all-new platform? The other product that the factory specializes in is the Mercedes G-Class.

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Magna and BAIC to form two JVs to engineer and build premium EVs for customers in China; first production in 2020

Green Car Congress

Ltd (BJEV)—a subsidiary of the BAIC Group for electric cars—for the engineering and complete vehicle manufacturing of electric vehicles. The joint ventures will also be set up to offer engineering and complete vehicle manufacturing capacity to other potential customers. —Don Walker, CEO of Magna International Inc.

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Volta Trucks raises €230M

Green Car Congress

The latest funding round will fund engineering and business operations until after the start of production in late 2022. and 12-tonne full-electric Volta Zero derivatives, as well as prepare the company’s contract manufacturing facility in Steyr, Austria, to start production of customer vehicles by the end of the year.

London 334