Magna forms e-powertrain joint venture in China with SAIC Motor subsidiary
Green Car Congress
OCTOBER 18, 2017
With this trend, SAIC Motor is developing the New Four Modernization strategy focusing on car electrification, connectivity, intelligence, and sharing economy. Additionally since 2012 Magna has supplied Volvo with the electrified rear axle drive system (eRAD) featured on the Volvo V60 and S60 plug-in hybrid models.
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