# LG Magna e-Powertrain to build new facility in Miskolc, Hungary

LG Magna e-Powertrain, the joint venture between LG Electronics and Magna, announced a new facility in Miskolc, Hungary. The 284,000-square-foot plant will start production with e-motors in 2026, creating roughly 200 jobs.

- Type: New facility
- Announced: 2023-09-04
- Where: Miskolc, Hungary
- Jobs: 200
- Starts operating: 2026
- Status: announced
- Products: e-motors, inverters, 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) (partner)
- [LG Electronics](https://endata.com/companies/11457.md) (partner)

## Sources

- [globenewswire.com](https://www.globenewswire.com/fr/news-release/2023/09/04/2736470/0/en/lg-magna-e-powertrain-expands-footprint-with-new-facility-in-hungary.html), 2023-09-04: "Adding the new Hungary facility marks another milestone for the JV in executing its growth plan."
- [bbj.hu](https://bbj.hu/business/industry/automotive/lg-magna-building-1st-european-ev-parts-plant-in-miskolc/), 2023-09-07: "Adding the new Hungary facility marks another milestone for the JV in executing its growth plan."

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