Magna focuses on electromobility market with new plant

Magna focuses on electromobility market with new plant

Business news |
By Christoph Hammerschmidt

Magna has broken ground on a 345,000 square-foot manufacturing facitility dedicated to the production of complex battery enclosures. The new plant, named Magna Electriv Vehicle Structures, represents an investment of $70 million and will bring more than 300 jobs to the city of St. Clair (Michigan, US) over five years.

The battery enclosure contributes to the structural and safety aspects of a vehicle’s frame and protects high-voltage batteries from damage and water. Magna can develop these advanced assemblies in steel, aluminum, and multi-material configurations, including lightweight composites, to meet the individual needs of its customers.

Through its body and chassis product group, the company has long been involved in design and production of vehicle structures. The planned business with GM marks an important evolution as the company expands its capabilities in all aspects of the vehicle electrification space.

Production at the new plant is expected to begin in early 2022. It will mark Magna’s 25th manufacturing facility in the state of Michigan. Currently, the company is hiring for a variety of jobs – including managers, engineers and operators.

More information:

Related articles:

Fisker has vehicle brain developed by Magna

LG and Magna join forces for powertrain electrification

Magna expands powertrain business in Slovakia

Ford invests $1 billion in Cologne electrifcation center

Schaeffler sets course for the electromobile future


If you enjoyed this article, you will like the following ones: don't miss them by subscribing to :    eeNews on Google News


Linked Articles