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LG Magna e-Powertrain celebrates groundbreaking of new facility in Mexico

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.… ....

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LG Magna to build EV parts plant in Mexico

LG Magna to build EV parts plant in Mexico ....

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LG Magna e-Powertrain to build component factory in Mexico

LG Magna e-Powertrain, the joint venture between LG Electronics and Magna, has begun construction of a new plant in Ramos Arizpe, Mexico. This will produce electric motors, inverters and onboard chargers for General Motors from 2023. General Motors has operated a vehicle plant at the Ramos Arizpe ....

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LG Magna e-Powertrain Celebrates Groundbreaking of New

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

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LG and Magna to manufacture electric powertrain components

LG and Magna to manufacture electric powertrain components
LG Magna e-Powertrain headquarters in Incheon, South Korea
LG Electronics and Magna International have signed a transaction agreement to set up a joint venture between the two companies. The new company, to be called LG Magna e-Powertrain, is headquartered in Incheon, South Korea and will be led by a strong management team.
Leading the new company will be CEO Cheong Won-suk, a 20-year LG veteran who was most recently vice-president and head of the LG Vehicle component Solutions Company’s Green Business. Prior to LG, Cheong spent nearly a decade with Daewoo Motors R&D. ....

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