Magna investing $470M in battery enclosures factory and Ontario plants

Magna International is investing $470 million to build a battery enclosures factory and upgrade five other plants in Ontario, Canada, to produce lightweight aluminum battery enclosures for the Ford F-150 Lightning and future OEM programs.

“Magna investing $470 million on battery enclosures factory, 5 other Ontario plants”autonews.com

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• autonews.comMagna investing $470 million on battery enclosures factory, 5 other Ontario plants - Automotive NewsDavid KennedyFeb 15, 2023

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