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Magna wants to build electric vehicles in Canada within 3 years

Frank Stronach, founder of Magna International, sees electric vehicles as a key step along the route to his long-time dream of making his company a full automaker. To that end, the company has built several electric drive concepts and is now collaborating with Ford on the development of its 2011 electric car program. Stronach intends to have his company build EVs and electric components like motors within three years. Speaking with officials in the Canadian capital this week, he revealed his intentions to go electric at Canadian factories. ... Read more →

Hybrid Volvo buses and trucks to use Magna Steyr batteries, A123 cells Sam Abuelsamid

It looks like Ford won't be the only company getting lithium ion battery packs from Magna International. The Magna Steyr division of the supplier announced last week that it will begin production of ...

Electrification of vehicles will be key to Magna's future Sam Abuelsamid

With Magna International set to take control of General Motors' European operations, it will be interesting to see how the Canadian parts supplier and contract manufacturer implements its ...

Geneva 2009: Magna Steyr Mila EV concept Sam Abuelsamid

Like most other suppliers, Magna International and its contract manufacturing unit Magna Steyr are pushing hard to diversify into the area of hybrid and electric powertrain components and ...

Geneva Preview: Magna debuts new EV concept Jeremy Korzeniewski

Auto supplier Magna Steyr has chosen the Geneva Motor Show to unveil its new mila ev concept vehicle. You may recall that Magna is currently working with Ford on a production version of the ...

Suppliers bear heavy environmental responsibility 1 year ago on Autoblog Green

As vehicles get more and more complex, auto suppliers will need everything in their arsenal to win major contracts from automakers. According to an article on Just-Auto (sub. req'd), by the year 2012, automotive suppliers will bear more than half of the total research and development of a given ...

Magna International reportedly developing hybrid car 1 year ago on Autoblog Green

Those who follow the automotive industry closely are surely familiar with Magna International, one of the largest auto parts suppliers in the world -- so large, in fact, that the company was actually in on the bidding to purchase Chrysler from Daimler last year. Now it seems that the global company ...

Magna Steyr talking EVs with BMW, Mercedes 1 year ago on Autoblog Green

At the Geneva Motor Show earlier in March contract vehicle assembler Magna Steyr unveiled a concept for a small, lightweight off-roader called the Mila Alpin. The Mila Alpin was designed to accommodate a variety of different power-trains including hybrids and electric drives. According to German ...

Magna Steyr working on LiIon storage system 2 years ago on Autoblog Green

It appears that Magna Steyr wants to expand their horizons in the wake of losing the BMW X3 assembly business. At the Advanced Automotive Battery and Ultracapacitor Conference (AABC), Battery Systems Product Manager Peter Pichler announced that series production of Magna's lithium ion battery packs ...

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