Fisker Intelligent Pilot: The Next Generation of Driver Assistance
January 04 2021 - 6:55AM
Business Wire
- Fisker Ocean SUV will be launched with Fisker Intelligent (FI)
Pilot, which will deliver industry-unique features and experiences,
including over-the-air updates
- Fisker Ocean will be engineered with hardware to support future
upgrades, higher levels of autonomy and advanced driver assistance
features, delivered through post-production software-based
updates
- Fisker and Magna are working together to develop an
industry-unique feature set and a suite of software packages
powered by a scalable domain controller architecture
- The partnership will result in joint intellectual property that
would include unique features designed to enhance customer
experiences
Fisker Inc. (NYSE: FSR) (Fisker) – designer and manufacturer of
the world’s most emotion-stirring, eco-friendly electric vehicles
and advanced mobility solutions – today announced it will partner
with Magna for the joint development of FI-Pilot, which will be
first applied on the Fisker Ocean SUV, planned for launch in Q4,
2022.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20210104005339/en/
Fisker Inc. (NYSE: FSR) (Fisker) –
designer and manufacturer of the world’s most emotion-stirring,
eco-friendly electric vehicles and advanced mobility solutions –
today announced it will partner with Magna for the joint
development of FI-Pilot, which will be first applied on the Fisker
Ocean SUV, planned for launch in Q4, 2022. This unique partnership
will result in the creation of an advanced and scalable domain
controller architecture that will support a range of technologies
and customer convenience features for the Ocean. (Graphic: Business
Wire)
This unique partnership will result in the creation of an
advanced and scalable domain controller architecture that will
support a range of technologies and customer convenience features
for the Ocean. These include:
- Multi-function autonomous systems supporting Fisker-unique
feature sets
- Over-the-air updates (OTA) powered by the Fisker AI cloud and
able to deliver incremental new advanced product features through
the lifecycle of the vehicle
- Advanced industry-leading sensor set, including digital imaging
radar and high-resolution cameras supporting driver assistance
features capable of higher levels of autonomy
- Cybersecurity compliant and tailored to the Fisker ownership
experience
“We are developing the FI-Pilot technologies to deliver unique
features for our Fisker Ocean customers,” said Fisker Chairman and
Chief Executive Officer, Henrik Fisker. “With state-of-the-art
hardware and software packages, Fisker will deliver a new type of
mobility experience that will stay relevant to the customer through
the lifecycle of the vehicle. We will announce further product
details closer to our launch in Q4 next year. Customers can expect
FI-Pilot to deliver innovative and industry-unique features that
are being created to enhance the mobility experience expected from
a modern, premium electric vehicle.”
“Expanding from an EV platform sharing, complete vehicle
engineering and manufacturing cooperation to collaboration on a
full ADAS system demonstrates the breadth of capabilities Magna can
deliver to help customers meet their goals,” said Swamy Kotagiri,
Magna CEO. “It’s a collaboration that delivers scale and
efficiency, while also contributing several advanced vehicle
technologies to respond quickly to the evolving new mobility
ecosystem.”
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, where it
currently produces several high-quality vehicles on behalf of
global brands. The Fisker Ocean will start deliveries both in the
U.S. and in select European markets during Q4, 2022.
The Fisker Ocean SUV will use a modified version of a
Magna-developed EV platform to develop the FM29 platform, and in
the process, create new IP that is unique to Fisker. Complementing
the FM29 platform will be a uniquely adapted advanced electrical
electronics architecture that will support all vehicle systems,
including the ADAS suite of technologies.
For more information, or for interview inquiries, contact
Fisker@GoDRIVEN360.com.
About Fisker Inc.
California-based Fisker Inc. is revolutionizing the automotive
industry by developing the most emotionally desirable and
eco-friendly electric vehicles on Earth. Passionately driven by a
vision of a clean future for all, the company is on a mission to
become the No. 1 e-mobility service provider with the world’s most
sustainable vehicles. To learn more, visit www.FiskerInc.com – and
enjoy exclusive content across Fisker’s social media channels:
Facebook, Instagram, Twitter, YouTube and LinkedIn. Download the
revolutionary new Fisker mobile app from the App Store or Google
Play store.
Forward Looking Statements
This press release includes forward-looking statements. These
statements are made under the “safe harbor” provisions of the U.S.
Private Securities Litigation Reform Act of 1995. These statements
may be identified by words such as “feel,” “believes,” expects,”
“estimates,” “projects,” “intends,” “should,” “is to be,” or the
negative of such terms, or other comparable terminology.
Forward-looking statements are statements that are not historical
facts. Such forward-looking statements are not guarantees of future
performance and are subject to risks and uncertainties, which could
cause actual results to differ materially from the forward-looking
statements contained herein due to many factors, including, but not
limited to: Fisker’s limited operating history; Fisker’s ability to
enter into additional manufacturing and other contracts with Magna,
or other OEMs or tier-one suppliers in order to execute on its
business plan; Fisker’s ability to execute its business model,
including market acceptance of its planned products and services;
Fisker’s inability to retain key personnel and to hire additional
personnel; competition in the electric vehicle market; Fisker’s
inability to develop a sales distribution network; and the ability
to protect its intellectual property rights; and those factors
discussed in Fisker’s Form 8-K filed with the Securities and
Exchange Commission on November 4, 2020 under the heading “Risk
Factors” and other reports and documents Fisker files from time to
time with the SEC. Any forward-looking statements speak only as of
the date on which they are made, and Fisker undertakes no
obligation to update any forward-looking statement to reflect
events or circumstances after the date of this press release.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20210104005339/en/
Fisker Inc. Simon Sproule, SVP, Communications 310.374.6177 |
Fisker@GoDRIVEN360.com
Dan Galves, VP, Investor Relations dgalves@fiskerinc.com
FiskerIR@icrinc.com
Fisker (NYSE:FSR)
Historical Stock Chart
From Apr 2024 to May 2024
Fisker (NYSE:FSR)
Historical Stock Chart
From May 2023 to May 2024