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BRIEF-Fisker And Magna Enter Into Definitive Agreements

Published 2020-12-17, 09:21 a/m
© Reuters.

Dec 17 (Reuters) - Fisker Inc FSR.N :

* FISKER AND MAGNA ENTER INTO DEFINITIVE AGREEMENTS

* FISKER INC - FISKER AND MAGNA ACHIEVED PRELIMINARY PRODUCT SPECIFICATION (PPS) ENGINEERING GATEWAY ON SCHEDULE IN NOVEMBER 2020

* FISKER INC - FISKER AND MAGNA SIGN DEFINITIVE PLATFORM AGREEMENT AND INITIAL MANUFACTURING AGREEMENT

* FISKER INC - FISKER OCEAN WILL INITIALLY BE MANUFACTURED EXCLUSIVELY BY MAGNA IN EUROPE

* FISKER INC - OCEAN GLOBAL PAID RESERVATIONS NOW STANDING AT MORE THAN 10,400

* FISKER INC - FISKER PLANS TO UNVEIL A PRODUCTION-INTENT PROTOTYPE OF OCEAN IN SUMMER OF 2021.

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