
Why did the Fisker Ocean fail but other Magna vehicles did not?
In 2023 Fisker released the Ocean, an EV from owner and designer Henrik Fisker who previously created the beautiful Fisker Karma (2010) (source). IFAIK the Karma failed due to a CATL battery fire issues, and Fisker sold the IP to Wanxiang Group who created Karma Automotive and released the Karma Revero (source).
In the 2023 Fisker tried a second time with the Ocean. It was co-built with Magna-Steyr a highly successful Canadian-Austrian manufacturer and supplier. Magna-Steyr is part of Magna International and owned by Canadian Billionaire Frank Stronach. Magna International has manufactured countless automobiles, most recently (source):
- BMW 5 Series (2017–2023)
- Jaguar E-Pace (2017–2024)
- Jaguar I-Pace (2018–2024)
- BMW Z4 (2018–2026)
- Toyota GR Supra (2019–2026)
- Fisker Ocean (2022–2024)
None of these vehicles had the issues the Ocean had. The Ocean was plagued with software bugs that severely hampered its driving, leading to Fisker's second bankruptcy in 2024 only a year after release.
Does anyone have deep knowledge of what happened here?
What lead to the Ocean's demise where others like the Supra succeeded?
How much was Magna-Steyr involved in the other vehicles vs the Ocean?