LG Magna e-Powertrain breaks ground on EV component plant in Mexico

LG Magna e-Powertrain celebrated the groundbreaking of a new 260,000 sq ft plant in Ramos Arizpe, Mexico, to produce inverters, motors, and on-board chargers for General Motors from 2023, creating about 400 jobs.

“LG Magna e-Powertrain, a joint venture between LG Electronics and Magna International Inc., celebrated the groundbreaking of its new plant in Ramos Arizpe, Mexico.”magna.com

• 5 sources
• magna.comNews Release - LG Magna e-Powertrain Celebrates Groundbreaking of New Facility in MexicoApr 19, 2022
• pulse.mk.co.krLG Magna breaks ground for first e-powertrain factory in Mexico - 매일경제 영문뉴스 펄스(Pulse)Apr 20, 2022
• koreaherald.comLG-Magna JV to build $100m EV parts factory for GM in Mexico - The Korea HeraldSon Ji-hyoungApr 20, 2022
• kedglobal.comLG Magna breaks ground for EV parts factory in Mexico - KED GlobalJi-Eun JeongApr 20, 2022
• just-auto.comMagna/LG JV to produce electric powertrain components for GM in Mexico - Just AutoDavid LeggettApr 20, 2022

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