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Magna opens engineering joint venture with BAIC's EV unit · Endata

◂ Announcements

Jan 17, 2019PARTNERSHIP

Magna opens engineering joint venture with BAIC's EV unit

Magna has opened an engineering joint venture with BAIC's electric vehicle unit.

Status

Completed

Productselectric vehicle engineering

CompaniesMagna International partner BAIC Group partner

Sectors#Automotive Components

“Magna opens engineering joint venture with BAIC's EV unit”autonews.com

1 source
autonews.comMagna opens engineering joint venture with BAIC's EV unit - Automotive NewsAutomotive News ChinaJan 18, 2019

Summarized from public sources; check the original articles before acting on it.

More from Magna International

May 19, 2020ACQUISITIONUnited States
Magna buys remaining 50% stake in STT Technologies oil pump business
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May 19, 2020ACQUISITIONGermany$345.0M
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Aug 2, 2019ACQUISITIONZhenjiang, China
Magna signs framework agreement for EV manufacturing joint venture in China
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Jul 30, 2019NEW FACILITYLancaster, Ohio, United States$60.0M300 jobsops Q1 2020
Magna breaks ground on $60M seat structure plant in Lancaster, Ohio
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May 29, 2019EXPANSIONMuncie, Indiana, United States$9.30M50 jobsops Apr 2020
Magna Powertrain to invest $9.3M in Muncie, Indiana expansion
Magna International muncie.com
May 16, 2019EXPANSIONSt. Thomas, Ontario, Canada60 jobs
Magna Presstran adds 3,000-tonne press, 60 jobs in St. Thomas
Magna International Presstran Industries lfpress.com

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