[GMGuy]

What a great way for Magna to show what their EV tech can do. I know they already deal with a lot of the major manufacturers but it never hurts to try and win more business.

 

[ChargedSilvE]

What a great way for Magna to show what their EV tech can do. I know they already deal with a lot of the major manufacturers but it never hurts to try and win more business.

Yup, this has the potential for them to win over yet another contract to build a car for a major automaker.

The contract manufacturing subsidiary, Magna Steyr, is the really interesting piece. It builds niche premium vehicles at a factory in Graz, Austria, including the Mercedes G-Class 4×4, the electric Jaguar I-Pace and the BMW Z4 sportscar.Jan 5, 2021

A $21-billion wager on who will build the Apple car — hint: it's a Canadian company

Commentary: This Canadian manufacturer has its attractions for investors even without a Tim Cook order

financialpost.com

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