Magna International to show electrification competence at NAIAS
08 January 2010 - 8:45AM
PR Newswire (US)
AURORA, ON, Jan. 7 /PRNewswire-FirstCall/ -- Magna International
announced today it will join the ranks of companies displaying at
the 2010 North American International Auto Show, a first for the
world's most diverse automotive supplier. The company's exhibit
will be located in Michigan Hall from January 11-15 as part of the
EcoXperience ride & drive track and alternative energy
showcase. The exhibit, which will highlight green-car technologies
from across Magna's operating units, will also introduce E-Car
Systems, Magna's newly created global operating unit that serves as
an integrator to Magna's broad range of electrification
capabilities. The exhibit coincides with Magna's strategy to
strengthen its position as a leader in hybrid and electric vehicle
development and products. This is in direct response to consumer
interest and demand for vehicles that use renewable energy and
reduce dependency on fossil fuels. "The global trends towards CO(2)
reduction and improved fuel economy are important drivers of future
growth in hybrid and electric vehicles," said Don Walker, co-CEO of
Magna International. "We have been enhancing our capability in this
area by developing systems such as electric motors and motor
control units, chargers, electric pumps, electric drivetrain and
lithium ion battery packs. Our complete-vehicle expertise and
cell-to-pack battery competence, combined with our capabilities in
developing lightweight technologies, adds to our overall hybrid and
electric vehicle competence." In addition to developing products
and technologies to meet current market demands, Magna has also
embarked on the development of next-generation systems and
components. An early success of the company's efforts is a
collaborative project with Ford Motor Co. on a fully electric,
zero-emission BEV to arrive in the U.S. market in 2011. Magna is
the only supplier with the range of capabilities and expertise to
develop electric/hybrid vehicle components, systems and
sub-systems, and provide complete vehicle integration and assembly.
Additionally, through E-Car Systems, Magna has an even greater
advantage of being able to draw on the resources of experts in each
of these areas as needed on a customer program. About Magna
International Magna International (http://www.magna.com/) is the
most diversified automotive supplier in the world. We design,
develop and manufacture automotive systems, assemblies, modules and
components, and engineer and assemble complete vehicles, primarily
for sale to original equipment manufacturers of cars and light
trucks in North America, Europe, Asia, South America and Africa.
Our capabilities include the design, engineering, testing and
manufacture of automotive interior systems; seating systems;
closure systems; metal body and structural systems; vision systems;
electronic systems; exterior systems; powertrain systems; roof
systems; hybrid and electric vehicle/systems; as well as complete
vehicle engineering and assembly. We have approximately 72,000
employees in 242 manufacturing operations and 85 product
development and engineering centers in 25 countries. DATASOURCE:
MAGNA INTERNATIONAL INC. CONTACT: Tracy Fuerst, Director, Corporate
Communications, (248) 729-2731,
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