Magna Steyr wants a U.S. plant and is already on the hunt for locations.
Magna Steyr, an Austrian contract manufacturer and engineering firm owned by Canadian automotive supplier Magna International, wants to establish an electric vehicle plant in the U.S. and is on the search for a location, Kurt Bachmaier, the company's vice president, toldWhile he didn't mention a location shortlist, he said a windy and sunny location is crucial as the company wants the plant to run on renewable energy. He also ruled out California as a potential candidate.
Magna Steyr has been considering a U.S. plant for years, but there's now extra emphasis with the recent passing of the Inflation Reduction Act, which requires EVs to now be built in North America to qualify for tax credits ranging up to $7,500. It means automakers will be looking to build more EVs in the region, and a contract manufacturer like Magna Steyr could offer a flexible solution.
Magna Steyr already builds the Jaguar I-Pace at its main plant in Graz, Austria, and starting later this year it will
Argentina Últimas Noticias, Argentina Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Magna gets into electric mopeds and battery swapping | AutoblogMagna International invested $77 million in Yulu, an Indian shared electric moped operator, and plans to jointly launch a battery swapping service company.
Leer más »
Magna gets into electric mopeds and battery swapping | AutoblogMagna International invested $77 million in Yulu, an Indian shared electric moped operator, and plans to jointly launch a battery swapping service company.
Leer más »
U.S. Wholesale Inventories Expand Less Than ExpectedAmid many signs that the U.S. economy may not have contracted as much as expected given the fevered rate of Fed rate hikes, U.S. wholesale inventories continued to expand in July but at a slower pace. That could indicate cooling.
Leer más »
Here's Every Automaker's CPO ProgramCompare manufacturer CPO deals, warranties, and maintenance plans with this guide to all certified pre-owned vehicle programs from Acura to Volvo.
Leer más »