Tag Archives: Diba Ilunga

Magna to Supply Chery with 800V 2-Speed eDrive

Magna (TSX: MG; NYSE: MGA) said today that it has secured an 800-volt electric drive (eDrive) program award with Chery, advancing the Canadian parts supplier advanced electrification strategy in China. The program will be produced at Magna’s new Wuhu plant bringing what is inarguably state of the art electric drive technologies into localized production for leading Chinese OEMs. Unlike U.S. based suppliers and automakers, Magna operates relatively unfettered by government policies in stark contrast to King Trump’s latest threatened 50% tariff tirade against Canadian goods. Continue reading

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Magna Increases Its Hybrid Drive Offerings

“Magna’s approach to electrification is centered on giving our customers flexible pathways forward,” said Diba Ilunga, President Magna Powertrain. “DHD REX reflects our commitment to adaptable, customer‑focused solutions that support a wide range of performance and market expectations.” Continue reading

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