News Release - Magna Reaches eDrive Gearbox Production Milestone and Wins Additional Business in China
- 100,000 eDrive gearboxes produced for Chinese electric vehicle manufacturers
- New eDrive gearbox business won, further supporting Chinese startups
- Technology helps power pure electric vehicles, from sedans to SUVs
Magna’s plant in
With the success of these programs, Magna continues to win new business for eDrive technologies with EV start-ups.
“As powertrain electrification accelerates, especially in the Chinese market, we are positioned well to continue supporting automakers in their continued efforts to bring electrified vehicles to market quickly,” said
Magna continues to deliver comprehensive electrification solutions from mild hybrid to battery electric vehicles as the industry progresses toward a cleaner future.
The company leverages a set of scalable building blocks that continue to supply industry leading traditional powertrain solutions while at the same time supporting the need for electrified systems and components.
Powertrain electrification, eDrive gearbox, electric vehicles, NIO,
We are a mobility technology company. We have more than 158,000 entrepreneurial-minded employees and 342 manufacturing operations and 91 product development, engineering and sales centres in 27 countries. We have complete vehicle engineering and contract manufacturing expertise, as well as product capabilities that include body, chassis, exteriors, seating, powertrain, active driver assistance, electronics, mechatronics, mirrors, lighting and roof systems. Our common shares trade on the
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Source: Magna International Inc.