Magna aims to double EV parts, powertrain sales in 2023 ‒ report

News
Corporate developments

The company has witnessed uptick for auto components and sensors as OEMs shift toward EVs and ADAS

Canadian auto parts manufacturer, Magna International is targeting to double sales at its unit that manufactures electric powertrains and parts for electric vehicles (EVs) in 2023, as automakers rush to roll out more affordable greener models, Reuters report on September 7

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