Magna spends to build battery enclosures for Chevy Silverado EV

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Magna spends to build battery enclosures for Chevy Silverado EV
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Magna will build the enclosures at a new factory in southeast Michigan, where the supplier already builds enclosures for the GMC Hummer EV.

Magna International Inc. will supply battery enclosures for the 2024 Chevrolet Silverado EV out of its new electric-vehicle parts plant in southeast Michigan, North America's largest parts supplier said today.

The expansion is part of a US$530 million investment in its metro Detroit footprint. Magna said last year that a coming addition to the plant would add 900 workers. "The accelerating shift toward vehicle electrification opens up exciting growth opportunities for Magna beyond powertrain," said John O'Hara, president of Magna's body and chassis group, in a statement."We have been able to leverage our expertise to supply battery enclosures — a product for which we see strong potential going forward."

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