Auto supplier Magna to develop driver assistance technology with Fisker
05 Jan,2021
<p style="text-align: center;"><img title="1609818978561177.jpg" alt="9.jpg" src="/ueditor/php/upload/image/20210105/1609818978561177.jpg"/></p><p>Canadian auto supplier Magna International Inc said on Monday it would develop an Advanced Driver Assistance System (ADAS) with Fisker Inc for the electric-car maker's Ocean SUV that is expected to launch in late 2022.<br/><br/>In December last year, Fisker had said Magna would initially be the exclusive manufacturer of its Ocean SUV in Europe, finalizing a deal signed with the auto supplier in October.<br/><br/>The ADAS technology will use digital imaging radar technology in addition to cameras and ultrasonic sensors, Magna said.</p><p><br/></p><p>Fisker was up 2.5% at $15.02 in premarket trading.</p>