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Tag Archives: electrification
New LG and Magna Joint Venture in Powertrain Electrification
The new company, tentatively called LG Magna e-Powertrain, is said to combine Magna’s strength in electric powertrain systems and automotive manufacturing with LG’s expertise in component development for e-motors and inverters. The stated goal is to hasten both partners’ growth in the electric powertrain market. The market for e-motors, inverters and electric drive systems is expected to have significant growth between now and 2030, and the JV will target this fast-growing global segment.The question in AutoInformed’s opinion is to how many electrification parts and services will be brought in-house by automakers and how much will go to suppliers? Continue reading
Mazda, Subaru, Toyota to Make Future Generation De-Carbonized Internal Combustion Engines
Mazda Motor Corporation (Mazda) Subaru Corporation (Subaru), Toyota Motor Corporation (Toyota) said today in a joint release that each is committed to developing new internal combustion engines tailored to electrification and the pursuit of carbon neutrality. “This process has clarified the role that future engines will play in achieving carbon neutrality. With the next generation of engines, the three companies will seek to not only improve stand-alone engine performance but also optimize their integration with electric drive units, harnessing the advantages of each,” the Japanese automakers said. Continue reading →