Wednesday, June 22, 2022

Q&A: Magna CEO explains why the megasupplier expects a big boost from industry's EV shift

CEO Swamy Kotagiri says the supplier's content per vehicle is poised to rise sharply in EVs for products such as all-wheel-drive systems, while Magna's new battery enclosures business is forecast to reach sales of more than $1.5 billion by 2027.



from Section Page News - Automotive News https://ift.tt/NsMdxr6

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