Auto supplier Magna uniquely positioned to benefit from electric trucks

Manufacturing is now set to begin at the previous Detroit-Hamtramck assembly plant, a lot less than two yrs right after GM introduced the massive $2.2 billion investment to absolutely renovate the facility to create a wide range of all-electrical vans and SUVs.

Photograph by Jeffrey Sauger for Common Motors

DETROIT – If electric powered pickup vans from the Detroit automakers get off, vehicle provider Magna Worldwide is in a special situation to advantage from generating a critical part of the vehicles.

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