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 ...

MUNICH, Germany, Sept. 04, 2023 (GLOBE NEWSWIRE) -- LG Magna e-Powertrain, the Joint Venture (JV) between LG Electronics (LG) and Magna (Magna) formed in 2021, announced at IAA Mobility 2023 that it ...

LG Magna e-Powertrain, the joint venture between South Korea's LG Electronics and Canada's Magna International, broke ground on its new plant in Ramos Arizpe, Mexico, on April 19. If the name of the ...

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 ...

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 in the EV component market. Now the company ...

AURORA, Ontario, Nov. 18, 2025 (GLOBE NEWSWIRE) -- Magna is strengthening its presence in China with a new facility in the Jiujiang Economic Development Zone, Wuhu to support the growing demand of ...

AURORA, Ontario, Dec. 13, 2021 (GLOBE NEWSWIRE) -- Magna’s all-electric connected powertrain, the EtelligentReach, is the latest innovation set to debut on a new entrant vehicle in 2022. The complete ...

General Motors recently unveiled the all-new, all-electric 2024 Chevy Silverado EV, expanding GM’s electric truck portfolio alongside the previously released GMC Hummer EV. Now, Canadian-based ...

Magna International expects its upcoming battery-electric powertrain system for pickups to help truck customers avoid costly platform redesigns as they look to electrify their lineups by accommodating ...

LG Electronics and Magna International have officially signed a transaction agreement to establish the pair's joint venture that was first announced in December last year. The new company, called LG ...