Magna wins contract to supply primary rear eDrive system to North American OEM

Magna was awarded a contract from a North America-based OEM to supply a specialized primary rear eDrive system for a high-end niche vehicle platform. The system, a variant of Magna's 800V eDS Duo, will be manufactured at Magna's facility in Ramos, Mexico, with serial production starting within the next few years.

“Magna is growing its electrification customer base with a newly awarded contract from a North America-based OEM to supply a specialized primary rear eDrive system for one of the company’s high-end niche vehicle platforms.”marketscreener.com

• 5 sources
• marketscreener.comMagna Wins Contract from OEM to Supply Specialized Primary Rear eDrive SystemMarketScreenerFeb 6, 2024
• electronicsforyou.bizMagna Secures eDrive System Contract With North American OEMAryaman RaghuvanshiFeb 7, 2024
• automotivemanufacturingsolutions.comMagna secures major eDrive system contract for high-end OEM | News | Automotive Manufacturing SolutionsIlkhan OzsevimFeb 20, 2024
• canplastics.comMagna Awarded Specialized EDrive System Business - Canadian PlasticsMar 1, 2024
• futurride.com

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