The company's exhibit will be located in Michigan Hall from
The exhibit coincides with Magna's strategy to strengthen its position as a leader in hybrid and electric vehicle development and products. This is in direct response to consumer interest and demand for vehicles that use renewable energy and reduce dependency on fossil fuels.
"The global trends towards CO(2) reduction and improved fuel economy are important drivers of future growth in hybrid and electric vehicles," said
In addition to developing products and technologies to meet current market demands, Magna has also embarked on the development of next-generation systems and components. An early success of the company's efforts is a collaborative project with Ford Motor Co. on a fully electric, zero-emission BEV to arrive in the U.S. market in 2011.
Magna is the only supplier with the range of capabilities and expertise to develop electric/hybrid vehicle components, systems and sub-systems, and provide complete vehicle integration and assembly. Additionally, through E-Car Systems, Magna has an even greater advantage of being able to draw on the resources of experts in each of these areas as needed on a customer program.
About Magna International
Magna International (www.magna.com) is the most diversified automotive supplier in the world. We design, develop and manufacture automotive systems, assemblies, modules and components, and engineer and assemble complete vehicles, primarily for sale to original equipment manufacturers of cars and light trucks in
We have approximately 72,000 employees in 242 manufacturing operations and 85 product development and engineering centers in 25 countries.
SOURCE MAGNA INTERNATIONAL INC.