Magna Accelerates Hybrid Innovation With First Dedicated Drive System Award
Magna International, Inc. (MGA)
Last magna international, inc. earnings: 2/21 05:00 am
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Source: GlobeNewswire
Dedicated hybrid drive system brings high performance and sustainability to leading Chinese OEMNew 800V solution ensures a smooth and comfortable experience in all driving conditionsScalable DHD Duo design integrates seamlessly across various vehicle models, enhancing energy efficiency and driving versatility AURORA, Ontario, Nov. 19, 2024 (GLOBE NEWSWIRE) -- As OEMs increasingly prioritize hybrid solutions globally within their broader electrification strategies, Magna has secured its first award for a Dedicated Hybrid Drive (DHD) Duo system with a leading Chinese OEM. This recognition underscores Magna's commitment to innovation and sustainability, as well as the company’s flexible approach to supplying power to wheels. A Media Snippet accompanying this announcement is available by clicking on this link. Magna's DHD Duo system delivers a longitudinal front drive solution featuring an advanced dual e-motor and multi-speed design. The high-powered
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MGA
Earnings
- 11/1/24 - Miss
MGA
Sec Filings
- 11/5/24 - Form 6-K
- 11/1/24 - Form 6-K
- 11/1/24 - Form 6-K
- MGA's page on the SEC website