March 31, 2020

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electric vehicle

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Magna signs its first complete vehicle manufacturing joint venture in China 

Canada’s Magna International Inc. and China’s BAIC Group and the Zhenjiang government celebrated the signing of a framework agreement governing their electric vehicle manufacturing joint venture in Zhenjiang, China, marking another milestone of their continued cooperation. The transaction, which is pending regulatory approval and other closing conditions, is expected to close in the fourth quarter […]

July 31, 2019
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Honda partners on General Motors’ next generation electric vehicle battery development

General Motors Co. and Honda Motor Co. announced an agreement for new advanced chemistry battery components, including the cell and module, to accelerate both companies’ plans for all-electric vehicles. The next-generation battery will deliver higher energy density, smaller packaging and faster-charging capabilities for both companies’ future products, mainly for the North American market. Under the […]

June 12, 2018
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