Electrification is a "marathon" not a sprint, Magna CEO says
Electrification is accelerating, but it will happen over time, said Swamy Kotagiri, CEO of Magna International......»»
With bid for Vitesco, Schaeffler confronts EV transition
Schaeffler, already the main shareholder in Vitesco and Continental, will add electrification expertise and more scale to manage its declining combustion-engine business......»»
Magna debuts new seating material that"s 100% recyclable
Magna International debuted a new foam and trim product line for vehicle seats that is 100 percent recyclable, helping automaker customers reach sustainability targets and keeping seating materials out of landfills......»»
How to watch the Chicago Marathon 2023 online for free
Watch the Chicago Marathon for free from anywhere in the world. TL;DR: Livestream the 2023 Chicago Marathon for free on NBC Chicago. Access this livestream from anywhere in the world with ExpressVPN.Completing any marathon is a massive achievem.....»»
Ford Bronco seating supplier lays off 650 in Detroit due to UAW strike
The joint venture between Magna International and minority-owned LAN Manufacturing made the move in response to the UAW strike that has halted production of the Ford Bronco in nearby Wayne, Mich......»»
Starfield: Red Mile location and how to survive
They don't call it The Red Mile in Starfield for nothing. This deadly run will push you to the limit, so here's how to best survive this deadly marathon event......»»
Swytch Electric Bike Conversion Kit review: Sleek and easy bike electrification
The Swytch Bike electric conversion kit is a great and relatively simple way to turn your bicycle into an e-bike, even if you're not used to bike maintenance.The Swytch Power PackThe appeal of the electric bike is to have power-assisted cycling, allo.....»»
Poor charging experience hinders EV industry, Battery Show panel says
At an event bursting with technology to accelerate the industry's transition to electrification, experts say the charging experience of today remains a major hurdle......»»
Despite uncertainty, supplier spending surges to meet EV, AV demand
Suppliers such as Hyundai Mobis, Denso, Magna and Robert Bosch are among those to have recently announced major investments in their manufacturing and R&D capabilities......»»
BMW to make $750M U.K. investment in electric Mini output
BMW's investment will help offset a number of setbacks the U.K. has had in electrification, such as the collapse of the Britishvolt battery company......»»
Magna sees EV battery enclosures generating $2.5 billion in sales by 2027
Diversified supplier Magna International Inc. said today it expects to generate $2.5 billion in annual revenue from electric vehicle battery enclosures by 2027, up from $100 million in 2022......»»
2025 Minis feature new EV powertrains and wild interiors
Mini's going almost all-in on electrification. Enlarge / It's recognizably a mini, but with a bold, modern look. (credit: Mini) BMW provided flights from Albany to Munich and back, and three nights in a hotel so we could.....»»
T-Mobile to Lay Off 5,000 Employees
We are just outside the 3-year mark since T-Mobile and Sprint merged, creating a US wireless space with only 3 major players, and the changes are incoming. Not only did T-Mobile introduce a really expensive new plan this week, they are now cutting th.....»»
Volvo, Polestar go all-in on EVs; JLR mixes it up
JLR will invest $19 billion in the next five years, primarily in electrification......»»
Yellow jerseys of the fireline: A day fighting wildfires can require as much endurance as riding the Tour de France
For three weeks in July, the world's most elite bike racers climb steep mountains and sprint along historic cobblestones to capture the coveted yellow jersey or the race leader in the Tour de France. It's a 22-day feat of human endurance that require.....»»
Magna raises outlook after swinging to $339 profit in Q2 amid production surge
Demand for parts has remained strong from automakers as they strive to manufacture new models to cater to consumers looking to snap up pickups, crossovers and SUVs......»»
Detroit 3"s EV growing pains temper big Q2 profits
While GM, Ford and Stellantis continue to make billions from gasoline-powered trucks and SUVs, their electrification goals are proving harder than expected to reach......»»
Magna inks silicon carbide deal with semiconductor maker Onsemi
Magna said it entered a 10-year supply agreement for silicon carbide microchips from semiconductor manufacturer Onsemi. Silicon carbide chips are in high demand for EV components......»»
T-Mobile is wiping the debt for some Sprint customers
It appears that for some lucky former Sprint customers, T-Mobile is wiping out any debt you may owe the former carrier. When T-Mobile merged with Sprint, they of course inherited Sprint’s customers as well. Like all carriers, there were.....»»
Does a ‘just right" scenario for an EV transition exist?
The head of the Alliance for Automotive Innovation said moving too fast or too slow on electrification risks handing China an advantage. Other EV stakeholders and climate advocates aren't so convinced......»»
Magna commits $790M to build three Tenn. plants supplying Ford
Magna, eyeing new EV business, will build three new factories in Tennessee to support upcoming Ford electric pickup production at its BlueOval City factory......»»