Search Results Found For: "magna"

Magna forms e-powertrain joint venture in China

Global automotive supplier Magna has formed a joint venture with Huayu Automotive Systems, a subsidiary of SAIC Motor. The JV’s first product will be an electric-drive powertrain for a German automaker, destined for the Chinese market. Both partners aim to develop localized core competencies in R&D, manufacturing and key parts. Magna is no newcomer to… Read more »

Rumor: Tesla may use Magna to produce Model 3 in Europe

German media site Der Aktionär has reported (via InsideEVs) a rumor that Tesla is considering outsourcing European production of Model 3, possibly to Magna International, a global firm that provides parts to many OEMs, including Tesla, and in some cases even assembles complete vehicles under contract. Peter Haidenek, Finance Chairman of Tesla supplier Polytec, told… Read more »

Magna Steyr engineers still working on Apple EV?

The word on the street is that Apple is scaling back its automotive ambitions – the New York Times and others have suggested that the company may be planning to develop autonomy software in partnership with an existing automaker rather than build its own car. However, Bloomberg now reports that automotive heavyweight Magna Steyr still… Read more »

Magna produces BMW i3 liftgate assembly

Magna International recently announced that it produces the liftgate assembly for BMW’s popular i3. The collaboratively-designed liftgate maintains the BMW i brand appearance and achieves the vehicle’s mass requirements through the use of a lightweight composite structure which integrates the liftgate’s functional systems. Locking and latching systems, rear windshield wiper system, interior trim, exterior painted trim… Read more »

Hyundai Heavy partners with Magna E-Car to develop lithium-ion batteries

The link between building supertankers and oil rigs and making lithium-ion batteries may not be an obvious one, but the synergy seems attractive to Hyundai Heavy Industries, the world’s largest shipbuilder, which announced Wednesday that it will form a joint venture with Magna E-Car Systems, which supplies a wide range of EV components, including lithium-ion… Read more »

New York state allocates $29 million for EV charging infrastructure and rebates

New York Governor Kathy Hochul has announced $15 million in new funding for Level 2 EV charging infrastructure under Charge Ready NY 2.0 and $14 million for consumer rebates through the Drive Clean Rebate Program. Charge Ready NY 2.0 allows eligible entities to save up to 50% on installation costs of Level 2 chargers. Funding… Read more »

Canada’s Innovation Supercluster Initiative spurs $76 million in zero-emission vehicle investments

NGen Canada, a non-profit organization that promotes advanced manufacturing, has announced a series of new innovation projects to support the zero-emission vehicle (ZEV) manufacturing ecosystem in Canada. In 2021, NGen launched a call for proposals to support R&D projects for ZEV manufacturing, systems, components, and batteries. Now the organization has announced 15 new industry-led consortia… Read more »

GM confirms California’s authority to set emissions standards, officially ending boycott

GM has agreed to recognize California’s authority to set vehicle emissions standards under the Clean Air Act. Well, isn’t that magnanimous of the company, to allow the state government to pass its own laws? For those of you who’ve just joined us: In 2017, major automakers asked the incoming US president to water down federal… Read more »