Austria-based contract manufacturer Magna Steyr has confirmed that several Chinese OEMs are discussing the possibility of local EV production ahead of further sales in Europe. The decision may be swayed by the looming threat of tariffs Europe may impose on China as several automakers continue to expand to new markets overseas.
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A recent report out of Austria states that local contract manufacturer Magna Steyr has been chosen by Volkswagen’s new all-electric truck brand Scout, to develop the latter’s first wave of vehicles. The order is reportedly worth nearly $500 million – potentially Magna Steyr’s biggest development contract ever.
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Alongside targets outlined in the Paris Climate Agreement, Magna International has submitted goals to be validated by the Science Based Targets initiative (SBTi) to reach net-zero carbon emissions by 2050. En route to that target, the global contract manufacturer had introduced several near-term sustainability goals.
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One of the world’s largest automotive suppliers is investing big bucks to expand its footprint in North America – a market in which it’s already #1. Today, Tennessee’s Governor announced Magna International will invest nearly $800 million dollars to become the first supplier and Ford’s new BlueOval City.
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Yes, that’s a Jeep Gladiator in the image above, which is inherently not electric (quite the opposite actually). However, thanks to Magna International’s new EtelligentTerrain EV powertrain system, 4WD combustion vehicles like Jeeps will soon be able to tear up muddy terrain without any emissions. I recently got invited to Mt. Magna in Michigan, where I tested the new EV powertrain system, climbed the mountain, and sprayed mud EVERYWHERE. Watch me go below.
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Building off a previous relationship with INEOS Automotive for contracted vehicle engineering, Magna is adding a new model to its complete vehicle manufacturing branch – an all-electric 4×4 designed to go off-road.
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Contract manufacturer Magna International shared plans to invest over $470 million to expand its existing operations across Ontario, Canada, expecting to create over 1,000 new jobs. In addition to the expansion of five of its current facilities in Canada, Magna will lease a battery enclosure plant to support the production of the Ford F-150 Lightning and future EVs from other OEMS.
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Contract manufacturing superpower Magna International announced it is investing over $500 million to erect two new manufacturing facilities and expand a third in the state of Michigan. The new and expanded Magna facilities will develop components specifically for the growing market of electric vehicles and are expected to create over 1,500 new jobs in Michigan.
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During the North American International Auto Show today in Detroit, Michigan, mobility tech company Magna International shared its progress of a novel last-mile delivery robot designed for urban environments. The company has been piloting the fully autonomous three-wheeled robot in Detroit since March, where it has been transporting pizzas to nearby customers. The pilot program follows two additional mobility programs the contract manufacturer is already exploring.
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Global contract manufacturer Magna International has agreed to produce and scale a fleet of autonomous delivery robots for silicon valley-based robotics company Cartken. The robots are being built at a Magna facility in Michigan and will soon offer autonomous last-mile deliveries to businesses around the world.
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During a media day for Magna International’s “Tech Week,” we got to visit the M1 Concourse in Pontiac, Michigan, to test drive some of the contract manufacturer’s electrified tech. This included a GMC Sierra 2500 converted to a BEV using Magna’s Etelligent Force 4WD powertrain. With it, we were able experience the system’s 14,500 lb towing capacity and drive some other unique EVs too.
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LG Magna ePowertrain, a recently launched joint venture between LG Electronics and Magna International, has broken ground on a new facility in Mexico, the JV’s first production footprint in North America. When completed, the 260,000-square-foot plant will produce a multitude of powertrain components to support electric vehicle production from General Motors (GM).
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Automotive manufacturing powerhouse Magna International is kicking off 2022 by highlighting its EtelligentForce technology, a 4WD EV powertrain system designed specifically for pickup trucks and light commercial vehicles. Magna’s EtelligentForce was designed to maintain a pickup’s full capabilities without compromising payload or towing capacities.
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Manufacturing juggernaut Magna International has shared details of its EtelligentReach EV powertrain, set to debut on a new entrant vehicle in 2022. The new powertrain technology joins a growing list of electrification components Magna is developing and implementing into OEM vehicles to help further accelerate EV adoption.
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In a recent announcement, Fisker and Magna International Inc. have finalized a long-term manufacturing agreement. The binding agreement coincides with previous agreements between both parties regarding EV platform sharing and ADAS systems. As part of the latest agreement, Magna will produce Fisker’s upcoming electric Ocean SUV in November 2022.
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REE Automotive has announced a “strategic collaboration” with Magna International, which will allow both companies to explore the possibilities of fully modular electric vehicles (MEVs) and bring them to market. According to a press release, these MEVs will be based around the REEcorner technology and will don a “Powered by REE” brand.
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Major automotive suppliers are trying to keep up with the industry’s transition to electric propulsion. Bosch recently said that it is looking to invest in battery production and now Magna plans to expand its electric powertrain offering.
Earlier this year, they built a Tesla Model S prototype with 3 motors.
Now they plan to bring it to CES to showcase their latest electric motor technology and released a cool video of some of the tests performed on the vehicle.
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We have seen a few examples of Tesla powertrains being used in other vehicles, whether it was in conversion projects or in Tesla’s powertrain program with Toyota and Daimler, but the other way around is new to us.
Magna has unveiled a Model S prototype equipped with 3 of their new electric motors – pictured above.
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