# 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.

- Type: New facility
- Announced: 2022-04-19
- Where: Ramos Arizpe, Mexico
- Value: $100.0M
- Jobs: 400
- Starts operating: 2023
- Status: under construction
- Capacity: 25,000 square meters
- Products: inverters, motors, on-board chargers
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [LG Magna e-Powertrain](https://endata.com/companies/56721.md)
- [Magna International](https://endata.com/companies/2534.md) (investor)
- [Magna International](https://endata.com/companies/2534.md) (partner)
- [General Motors](https://endata.com/companies/4654.md) (customer)
- [LG Electronics](https://endata.com/companies/11457.md) (investor)
- [LG Electronics](https://endata.com/companies/11457.md) (partner)

## Sources

- [magna.com](https://www.magna.com/company/newsroom/releases-archive/release/2022/04/19/news-release---lg-magna-e-powertrain-celebrates-groundbreaking-of-new-facility-in-mexico), 2022-04-19: "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."
- [pulse.mk.co.kr](https://pulse.mk.co.kr/news/english/10295382), 2022-04-20: "The new facility demonstrates the continuing growth of LG Magna e-Powertrain."
- [koreaherald.com](https://www.koreaherald.com/article/2847104), 2022-04-20: "LG Magna e-Powertrain, a joint venture between LG Electronics and Magna International, will build a $100 million plant that manufactures General Motors electric vehicle components, scheduled for completion in 2023."
- [kedglobal.com](https://www.kedglobal.com/electric-vehicles/newsView/ked202204200024), 2022-04-20: "We will become a key partner for EV components in the North American auto industry with the new plant."
- [just-auto.com](https://www.just-auto.com/news/magna-lg-jv-to-produce-electric-powertrain-components-for-gm-in-mexico/), 2022-04-20: "The building of a new facility is a true testament to the strength of this collaboration and commitment in delivering innovative solutions to customers to meet their challenges."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.