Tag: Magna

Magna to Develop and ‘Auto Qualify’ a More Powerful and Affordable Electric Motor

Project partners include the Illinois Institute of Technology, the University of Wisconsin-Madison and the U.S. Department of EnergyObjective is to develop an automotive-grade, non-permanent magnet electric motor for next-gen vehicle propulsion systemsProject targets an electric motor that is half the cost and eight times the power density of currently available e-motorsTROY, Mich., Oct. 30, 2019… Continue reading Magna to Develop and ‘Auto Qualify’ a More Powerful and Affordable Electric Motor

Magna Wins Largest Contract for Transmission Technologies in Company History

Magna to build dual-clutch transmissions including hybrid variants for strategic partner BMW GroupTechnologies for front-wheel drive vehicle platforms; over 170 different vehicle applicationsTransmissions to be supplied from Magna facilities in Germany and SlovakiaSAILAUF, Germany, Oct. 30, 2019 (GLOBE NEWSWIRE) — BMW Group has awarded Magna its largest production order for transmission technologies in company history.… Continue reading Magna Wins Largest Contract for Transmission Technologies in Company History

Self-Driving Requires Unprecedented Collaboration

By: Raj Kapoor, Chief Strategy Officer; and Luc Vincent, EVP Autonomous Driving In conversations about self-driving cars, people often talk about the rush to full autonomy like they’re commentators on a race — tracking new developments in technology, analyzing the strategic moves of the companies hurrying to be first. It’s easy to get caught up… Continue reading Self-Driving Requires Unprecedented Collaboration

VinFast ramps up production in Vietnam | Article – Automotive Logistics

Vietnamese carmaker VinFast is now in the third month of production at its $3.5 billion assembly plant in the northern port city of Hai Phong, with two models now being distributed to the domestic market: the Lux A2.0 saloon and an SUV called the LUX SA2.0. The OEM is using integrated production software and hardware… Continue reading VinFast ramps up production in Vietnam | Article – Automotive Logistics

Magna will produce EV in a joint venture with BAIC

INDUSTRY 29 July 2019 1 ‘of reading Magna International has signed a joint venture agreement with the Chinese group BAIC and the Zhenjiang municipal government to build new energy vehicles in the city. The factory will have a production capacity of 180,000 vehicles per year. The start of operations is expected at the end of… Continue reading Magna will produce EV in a joint venture with BAIC

Didi sets sights on China’s first robotaxi service in Shanghai

SHANGHAI — Didi Chuxing, China’s largest ride-hailing startup, will bring driverless taxis to Shanghai, the company announced Friday, with service to begin as soon as within the year. “Didi has the potential to become the first business to realize large-scale robotaxi service in China,” Zhang Bo, Didi’s chief technology officer, said at the World Artificial Intelligence Conference in… Continue reading Didi sets sights on China’s first robotaxi service in Shanghai

Magna Celebrates Opening of New Electronics Facility

State-of-the-art manufacturing facility in Grand Blanc Township, MichiganSolidifies leadership in vision-based driver assistance systemsDivision has made more than 46 million ADAS components since 2005TROY, Mich., Aug. 14, 2019 (GLOBE NEWSWIRE) — Magna celebrated the opening of a new electronics manufacturing facility today in Grand Blanc Township, Michigan. The facility consolidates three nearby locations into a… Continue reading Magna Celebrates Opening of New Electronics Facility

Valmet Automotive To Produce EV Batteries In Former Nokia Plant

Valmet Automotive is readying itself for testing and development of EV battery systems as well as series production of battery packs Valmet Automotive, one of the world’s largest car contract manufacturers, this autumn will start its first large-scale production of electric vehicle battery packs in Salo/Finland, in a former Nokia plant. The Finish company didn’t… Continue reading Valmet Automotive To Produce EV Batteries In Former Nokia Plant

Meritor Starts Its First European Electrification Supply Project

Meritor’s first EV project in Europe is with Alstom. Potentially for hundred of electric buses. A lot of automotive suppliers are scrambling to catch onto the electric revolution and get a part of the pie of the future market. Recently, Meritor announced its first European electrification supply project. The company will supply key drivetrain components from Blue… Continue reading Meritor Starts Its First European Electrification Supply Project