Magna Begins Production of First Mild Hybrid Transverse Transmission for BMW Group
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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...