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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&nbsp;Magna International Inc&nbsp;said on Monday it would develop an Advanced Driver Assistance System (ADAS) with&nbsp;Fisker Inc&nbsp;for the electric-car maker&#39;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&nbsp;sensors, Magna said.</p><p><br/></p><p>Fisker was up 2.5% at $15.02 in premarket trading.</p>
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