Page 2 - Tom Rucker News Today

Press release content from Globe Newswire. The AP news staff was not involved in its creation.

A Magna and LG JV plant in Mexico will supply GM with electric powertain components.

LG Magna e-Powertrain, a joint venture (JV) between LG Electronics (LG) and Magna International Inc. (Magna), celebrated the groundbreaking of its new plant in Ramos Arizpe, Mexico. Scheduled for completion in 2023, the new facility will produce inverters, motors, and on-board chargers to support General Motors’ electric vehicle (EV) production....

LG Magna e-Powertrain, a joint venture (JV) between LG Electronics (LG) and Magna International Inc. (Magna), celebrated the groundbreaking of its new plant in Ramos Arizpe, Mexico. Scheduled for completion in 2023, the new facility will produce inverters, motors, and on-board chargers to support General Motors’ electric vehicle (EV) production.…

Last summer, LG Electronics and Magna International teamed up to launch a joint venture called LG Magna e-Powertrain, aiming to secure a leading position...

LG Magna to build EV parts plant in Mexico

New manufacturing plant to produce electric powertrain components for General Motors from 2023, creating an estimated 400 new jobs...

While light-duty electric pickups are already on the road, Magna aims to start converting combustion-powered heavy-duty pickups to battery power by 2025.

EtelligentForce system to be built at new EV centre in Michigan with production slated to begin in 2025

The company will supply 80 kW front drive units for the Volkswagen ID.4.