Commercial EV startup Volta Trucks has shared another major milestone in its lightning fast 12-month journey in bringing its flagship Zero truck into production. The very first Volta Zero truck has rolled off its assembly line in Austria, kicking off a series of validation prototypes for customers before full commercial production next year.
magna steyr Stories September 20
magna steyr Stories September 8
Magna Steyr – an Austrian-based contract manufacturer owned by Magna International – recently shared aspirations to enter the US market and produce vehicles in a climate-friendly facility in North America. The facility overseas currently manufactures the Jaguar I-Pace and will begin production of the Fisker Ocean in November. Based on revised terms for US federal tax credits, could a move by Magna happen?
magna steyr Stories February 23, 2015
Samsung has acquired the battery pack business of leading automotive parts supplier Magna International. The move, according to a statement from the companies, will “enhance Samsung SDI’s capabilities in batteries for electric vehicles.”
While Samsung producing batteries and energy storage solutions for vehicles isn’t exactly new—it already supplies batteries for Tesla and others—there is an Apple Car connection in its latest acquisition… expand full story