UPDATE 1-Magna plans e-car battery factories in EU, U.S.

Newswire

* Co-CEO Wolf says investment of $200-300 mln each * Sees relevant volume of electric cars from 2012/13 (Adds detail, background) VIENNA, May 25 (Reuters) - Canadian car parts maker Magna International is seeking locations to produce batteries for electric cars, a rapidly growing business as carmakers try alternative power options, Magna's boss said on Tuesday. Magna co-Chief Executive Siegfried Wolf said at an event in Vienna that he had earmarked a $200-300 million investment for ...

Premium Content (PAID Subscription Required)

"UPDATE 1-Magna plans e-car battery factories in EU, U.S." is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!


For WardsAuto.com pricing and subscription information please contact
Amber McLincha by email: amclincha@wardsauto.com or phone: (248) 799-2622
 

Current subscribers, please login or CLICK for support information.

Already registered? here.
WardsAuto Blogs
Jul 10, 2014
blog

Barra Driving Change at GM

Under CEO Mary Barra, GM is the only one stepping up to change the conversation and fix the long-broken mechanisms for protecting consumers from potentially dangerous vehicle defects and compensating victims....More
Jul 1, 2014
blog

June 2014 U.S. Sales Thread (FINAL): Luxury Vehicles, Large Trucks Boost SAAR to 95-Month High

U.S. automakers dramatically outpaced expectations in June, raising the SAAR to its highest level since July 2006....More
Jul 1, 2014
blog

GM Blues, Sergio Walks the Line, 97-Month Loans

Where do you begin with the telling of these crazy stories?...More

Sponsored Introduction Continue on to (or wait seconds) ×