Magna News Magna ECar Systems Opens New Hybrid & Electric Vehicle …

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Magna News — E-Car Systems Opens New Electric Vehicle System Center

Sep 20, 2010

Gov. visits to inaugurate new facility

HILLS, MI, Sept 20, 2010 via COMTEX/ — Magna Systems, a recently formed venture between Magna and the Stronach Trust, announced the grand opening of its latest a new hybrid- and electric-vehicle system center and state-of-the-art battery/materials facility in Auburn Hills, .

It is with great pride we at Magna E-Car Systems, with our many supporters and from government and private are able to officially unveil modern facility today, Ted Robertson. President North Magna E-Car Systems. E-Car Systems has a full of industry-leading capabilities and this represents an important step as we work to develop effective, solutions for future mobility.

The facility is located at 4121 Atlantic Drive. Approximately 200 work on new electric-vehicle designs as as cells and battery packs, and electric-vehicle components, and complete and electric-vehicle systems.

Including Auburn Hills. E-Car Systems has four throughout North America and facilities in Europe working on programs, including the Ford Battery Electric Vehicle, a hybrid program and powertrain for General Motors.

The company was to have Michigan Governor Granholm as a guest speaker at the opening. As a champion for alternative initiatives and the lead advocate for Michigan’s economy and creating for the 21st century, Gov. delivered a passionate speech and welcomed Magna E-Car new facility to the state of Michigan .

In 2009 Magna was selected to funding from the American and Recovery Act of 2009 to support vehicle components manufacturing. The was part of the $2.4 billion in Act funding announced by the Department of

About Magna E-Car

Effective August 31, 2010. International spun-off its E-Car operating unit and established a new venture with the Stronach to jointly continue to pursue in the vehicle electrification business. the terms of the Magna E-Car venture, Magna indirectly a 73-percent equity interest and the Trust indirectly holds a equity interest in the new vehicle joint venture.

The Magna E-Car Systems venture serves as the gateway to diversified range of hybrid- and capabilities. Magna E-Car will continue to deliver solutions for future mobility increasing capabilities, which include the ability to develop, and integrate a wide range of and electric products and total systems.


About Magna

Magna International (www.magna.com ) is the diversified global automotive We design, develop and manufacture advanced automotive systems, modules and components, and engineer and complete vehicles, primarily for to original equipment manufacturers of cars and light trucks. Our include the design, engineering, and manufacture of automotive interior seating systems; closure body and chassis systems; systems; electronic systems; systems; powertrain systems; systems; hybrid and electric as well as complete vehicle and assembly.

We have over 90,000 in 242 manufacturing operations and 76 product and engineering centers in 25 countries.

Magna International of America

Magna News — E-Car Systems Opens New Electric Vehicle System Center

Sep 20, 2010

Gov. visits to inaugurate new facility

HILLS, MI, Sept 20, 2010 via COMTEX/ — Magna Systems, a recently formed venture between Magna and the Stronach Trust, announced the grand opening of its latest a new hybrid- and electric-vehicle system center and state-of-the-art battery/materials facility in Auburn Hills, .

It is with great pride we at Magna E-Car Systems, with our many supporters and from government and private are able to officially unveil modern facility today, Ted Robertson. President North Magna E-Car Systems. E-Car Systems has a full of industry-leading capabilities and this represents an important step as we work to develop effective, solutions for future mobility.

E-Car GD04B Electric Cars

The 82,000-square-foot facility is located at North Atlantic Drive. 200 employees work on new electric-vehicle as well as cells and battery hybrid- and electric-vehicle components, and hybrid- and electric-vehicle systems.

Auburn Hills. Magna Systems has four facilities North America and three in Europe working on several including the Ford Focus Electric Vehicle, a Volvo program and powertrain controllers for Motors.

The company was honored to Michigan Governor Jennifer as a guest speaker at the grand As a champion for alternative energy and the lead advocate for reinventing economy and creating jobs for the century, Gov. Granholm a passionate speech and proudly Magna E-Car Systems’ new to the state of Michigan .

In August Magna was selected to receive from the American Reinvestment and Act of 2009 to support electric-drive components manufacturing. The grant was of the $2.4 billion in Recovery Act announced by the Department of Energy.

About Magna E-Car

Effective August 31, 2010. International spun-off its E-Car operating unit and established a new venture with the Stronach to jointly continue to pursue in the vehicle electrification business. the terms of the Magna E-Car venture, Magna indirectly a 73-percent equity interest and the Trust indirectly holds a equity interest in the new vehicle joint venture.

The Magna Systems joint venture as the gateway to Magna’s diversified of hybrid- and electric-vehicle capabilities. E-Car Systems will to deliver innovative solutions for mobility while increasing which already include the to develop, manufacture, and integrate a range of hybrid and electric and total vehicle systems.

Magna International

Magna (www.magna.com ) is the most diversified automotive supplier. We design, and manufacture technologically advanced systems, assemblies, modules and and engineer and assemble complete primarily for sale to original manufacturers (OEMs) of cars and trucks. Our capabilities include the engineering, testing and manufacture of interior systems; seating closure systems; body and systems; vision systems; systems; exterior systems; systems; roof systems; and electric vehicles/systems as well as vehicle engineering and assembly.

We have over 90,000 in 242 manufacturing operations and 76 product and engineering centers in 25 countries.

Magna International of America

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