Magna announced the termination of the merger agreement with Veoneer
5 October 2021, 04:34:35

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Magna is taking electrification to the next level of efficiency and range to help meet evolving customer requirements. Today, the company has announced it has been awarded a high-volume contract with a Europe-based Global Premium OEM to supply its new eDrive system (eDS Mid). The eDrive is planned for 2027 model SUVs/sedans, with production expected to begin in 2026. Magna's eDS Mid is a compact, high-speed e-motor...
3 May 2023
Renault Group and Qualcomm Technologies, Inc. announced today that the companies intend to take their technology collaboration one step further with plans to deliver a centralized compute architecture for Renault’s next-generation of software-defined vehicles. Known as “Software Defined Vehicle” (SDV) Platforms, the high-performance automotive platforms would be based on Snapdragon Digital Chassis solutions from...
8 November 2022
LG Magna e-Powertrain, a joint venture between LG Electronics and Magna International Inc., celebrated the groundbreaking of its new plant in Ramos Arizpe, Mexico. Scheduled for completion in 2023, the new facility will produce inverters, motors, and onboard chargers to support General Motors’ new electric vehicle (EV) platform. The 260,000 square foot plant will be LG Magna e-Powertrain’s first production base in...
20 April 2022
With the increasing shift toward vehicle electrification, Magna is leveraging its market-leading body and chassis expertise to provide innovative battery enclosures. The company announced today that it is expanding its operations into Chatham, as an extension of its current operations in St. Thomas to support new business from Ford Motor Company. The new 170,000 square foot facility is expected to create up to 150...
1 April 2022
Magna's all-electric connected powertrain, the EtelligentReach, is the latest innovation set to debut on a new entrant vehicle in 2022. The complete system is comprised of two electric motors, inverters and gearboxes, and leverages advanced software to maximize vehicle range and driving dynamics. eDrive technology advancements and the holistic vehicle development approach of the EtelligentReach achieve a range...
14 December 2021
Qualcomm and SSW Partners today announced they have reached a definitive agreement to acquire Veoneer, Inc. for $37.00 per share in an all-cash transaction, representing a total equity value for Veoneer of $4.5 billion. Veoneer has terminated its prior acquisition agreement with Magna International Inc. and canceled its October 19, 2021, special meeting that was previously scheduled to approve that agreement. At...
5 October 2021
Qualcomm announced it has submitted an offer to acquire the autotech company Veoneer for $37 per share, in an all-cash transaction. Its offer has been approved by Qualcomm's Board of Directors, does not require Qualcomm stockholder approval, and has no financing conditions. This proposed acquisition is consistent with Qualcomm's growth and diversification strategy. It reinforces the company's commitment to bring...
5 August 2021
LG and Magna signed the transaction agreement which establishes a joint venture between the two companies. The new company, to be called LG Magna e-Powertrain, is headquartered in Incheon, South Korea and will be led by a strong management team. Leading the new company will be CEO Cheong Won-suk, a 20-year LG veteran who was most recently vice president and head of the LG Vehicle component Solutions Company’s Green...
30 July 2021
The LG Magna e-Powertrain is a joint venture between LG Electronics of Korea and Magna International of Canada. It is set to start operations this month. LG will participate by separating a part of its VS Business Division. Magna will invest USD 453 million to secure a 49% stake. By mid-July, the new business entity should be established. LG Magna e-Powertrain will produce inverters, motors, and in-vehicle chargers...
2 July 2021
Magna introduced its all-new connected Magna EtelligentEco PHEV drivetrain and next-gen Magna EtelligentReach battery-electric drive systems. Both were on full display at the company’s Winter Test driving location in northern Sweden. On a frozen track under demanding climatic and driving conditions, the technologies proved their functional advantages including better efficiency, range, and driving dynamics. We're...
8 March 2021
LG and Magna announced a joint venture (JV) to manufacture e-motors, inverters and onboard chargers and, for certain automakers, related e-drive systems to support the growing global shift toward vehicle electrification. The new company, tentatively called LG Magna e-Powertrain, marries Magna's strength in electric powertrain systems and world-class automotive manufacturing with LG’s expertise in component...
23 December 2020
As part of Magna's strategic direction to support traditional automakers as well as new entrants, the company announced that it has signed agreements with Fisker Inc. that provide the framework for a platform sharing and manufacturing cooperation for the Fisker Ocean SUV. Fisker, an e-mobility automaker, announced plans to start production in the fourth quarter of 2022. The Fisker Ocean will initially be...
16 October 2020
The ArcFox α-T is a new compact crossover created by the joint venture of the BAIC division called BJEV and Canadian auto component manufacturer Magna International. The production version of the vehicle has been launched during the 2020 Beijing Auto Show. The model is available in several versions, which are named and priced as follows: ArcFox α-T 480S/480S+ with 480 km of NEDC range costs CNY 250,000 - CNY 265,000...
27 September 2020
EV Specifications
Complete specifications of EVs, grouped according to their brand and year
Featured
Specifications of some of the most interesting and anticipated EVs.

2024 BMW i5 M60 xDrive
Doors: 4, Seats: 5
Length: 199.2 in / 5060 mm
Width: 74.8 in / 1900 mm
Height: 59.3 in / 1505 mm
Curb weight: 5081.66 lb / 2305 kg
Electric motor #1: 250 kW, 430 Nm, Location: Rear
Electric motor #2: 192 kW, 365 Nm, Location: Front
Battery: 81.2 kWh, Voltage: 400 V

2024 BMW i5 eDrive40
Doors: 4, Seats: 5
Length: 199.2 in / 5060 mm
Width: 74.8 in / 1900 mm
Height: 59.6 in / 1515 mm
Curb weight: 4695.85 lb / 2130 kg
Electric motor: 250 kW, 430 Nm, Location: Rear
Battery: 81.2 kWh, Voltage: 400 V

2023 Tesla Model Y Performance AWD
Doors: 4, Seats: 5 / 7
Length: 187.0 in / 4751 mm
Width: 75.6 in / 1921 mm
Height: 63.9 in / 1624 mm
Curb weight: 4398.22 lb / 1995 kg
Electric motor #1: 235 kW @ 5075 rpm, 420 Nm @ 325 - 4800 rpm, Location: Rear
Electric motor #2: 158 kW @ 8275 rpm, 163 Nm @ 125 - 6375 rpm, Location: Front
Battery: 82.1 kWh, Voltage: 360 V

2023 Tesla Model Y Long Range AWD
Doors: 4, Seats: 5 / 7
Length: 187.0 in / 4751 mm
Width: 75.6 in / 1921 mm
Height: 63.9 in / 1624 mm
Curb weight: 4362.95 lb / 1979 kg
Electric motor #1: 220 kW, Location: Rear
Electric motor #2: 158 kW @ 8275 rpm, 163 Nm @ 125 - 6375 rpm, Location: Front
Battery: 82.1 kWh, Voltage: 360 V

2023 Tesla Model 3 Performance AWD
Doors: 4, Seats: 5
Length: 184.8 in / 4694 mm
Width: 72.8 in / 1849 mm
Height: 56.8 in / 1443 mm
Curb weight: 4047.69 lb / 1836 kg
Electric motor #1: 239 kW, 450 Nm, Location: Rear
Electric motor #2: 158 kW @ 6622 rpm, 240 Nm, Location: Front
Battery: 82.1 kWh, Voltage: 360 V

2023 Tesla Model 3 Long Range AWD
Doors: 4, Seats: 5
Length: 184.8 in / 4694 mm
Width: 72.8 in / 1849 mm
Height: 56.8 in / 1443 mm
Curb weight: 4034.46 lb / 1830 kg
Electric motor #1: 208 kW @ 6700 rpm, 330 Nm @ 325 - 5500 rpm, Location: Rear
Electric motor #2: 158 kW @ 8275 rpm, 163 Nm @ 125 - 6375 rpm, Location: Front
Battery: 82.1 kWh, Voltage: 360 V

2022 Tesla Model 3 Performance AWD
Doors: 4, Seats: 5
Length: 184.8 in / 4694 mm
Width: 72.8 in / 1849 mm
Height: 56.8 in / 1443 mm
Curb weight: 4047.69 lb / 1836 kg
Electric motor #1: 239 kW, 450 Nm, Location: Rear
Electric motor #2: 158 kW @ 6622 rpm, 240 Nm, Location: Front
Battery: 82.1 kWh, Voltage: 360 V

2022 Tesla Model 3 Long Range AWD
Doors: 4, Seats: 5
Length: 184.8 in / 4694 mm
Width: 72.8 in / 1849 mm
Height: 56.8 in / 1443 mm
Curb weight: 4034.46 lb / 1830 kg
Electric motor #1: 208 kW @ 6700 rpm, 330 Nm @ 325 - 5500 rpm, Location: Rear
Electric motor #2: 158 kW @ 8275 rpm, 163 Nm @ 125 - 6375 rpm, Location: Front
Battery: 82.1 kWh, Voltage: 360 V

2023 Tesla Model X Plaid
Doors: 4, Seats: 5 / 6 / 7
Length: 199.1 in / 5057 mm
Width: 78.7 in / 1999 mm
Height: 66.1 in / 1680 mm
Curb weight: 5740.84 lb / 2604 kg
Location: Rear
Location: Front
Battery: 99 kWh, Voltage: 400 V

2023 Tesla Model X
Doors: 4, Seats: 5 / 6 / 7
Length: 199.1 in / 5057 mm
Width: 78.7 in / 1999 mm
Height: 66.1 in / 1680 mm
Curb weight: 5630.61 lb / 2554 kg
Location: Rear
Location: Front
Battery: 100 kWh, Voltage: 400 V

2023 Tesla Model S Plaid
Doors: 4, Seats: 5
Length: 197.7 in / 5021 mm
Width: 77.3 in / 1963 mm
Height: 56.3 in / 1431 mm
Curb weight: 4940.56 lb / 2241 kg
Location: Rear
Location: Front
Battery: 99 kWh, Voltage: 400 V

2023 Tesla Model S
Doors: 4, Seats: 5
Length: 197.7 in / 5021 mm
Width: 77.3 in / 1963 mm
Height: 56.3 in / 1431 mm
Curb weight: 4883.24 lb / 2215 kg
Location: Rear
Location: Front
Battery: 100 kWh, Voltage: 400 V

2022 Tesla Model X Plaid
Doors: 4, Seats: 5 / 6 / 7
Length: 198.9 in / 5052 mm
Width: 78.7 in / 1999 mm
Height: 66.0 in / 1676 mm
Curb weight: 5740.84 lb / 2604 kg
Location: Rear
Location: Front
Battery: 99 kWh, Voltage: 400 V

2022 Tesla Model X
Doors: 4, Seats: 5 / 6 / 7
Length: 198.9 in / 5052 mm
Width: 78.7 in / 1999 mm
Height: 66.0 in / 1676 mm
Curb weight: 5630.61 lb / 2554 kg
Location: Rear
Location: Front
Battery: 100 kWh, Voltage: 400 V

2022 Tesla Model S Long Range
Doors: 4, Seats: 5
Length: 196.0 in / 4978 mm
Width: 77.3 in / 1963 mm
Height: 56.3 in / 1431 mm
Curb weight: 4883.24 lb / 2215 kg
Location: Rear
Location: Front
Battery: 100 kWh, Voltage: 400 V

2022 Tesla Model S Plaid Tri Motor AWD
Doors: 4, Seats: 5
Length: 196.0 in / 4978 mm
Width: 77.3 in / 1963 mm
Height: 56.3 in / 1431 mm
Curb weight: 4940.56 lb / 2241 kg
Location: Rear
Location: Front
Battery: 99 kWh, Voltage: 400 V

2023 Rivian R1S Adventure Dual-Motor Max Pack
Doors: 4, Seats: 7
Length: 200.8 in / 5100 mm
Height: 77.4 in / 1966 mm
Location: Rear
Location: Front

2023 Lexus RZ 450e Luxury
Doors: 5, Seats: 5
Length: 189.2 in / 4805 mm
Height: 64.4 in / 1635 mm
Curb weight: 4662.78 lb / 2115 kg
Electric motor #1: 80 kW, 168 Nm, Location: Rear
Electric motor #2: 150 kW, 266 Nm, Location: Front
Battery: 71.4 kWh, Voltage: 355 V