Reached a preliminary agreement to buy the Opel, the Magna International (Magna International) Group of 2 June in the Canadian capital of Ottawa to the request of the Government of Canada to finance its production of electric vehicles. Garcia, according to Magna chairman Frank quoted – as saying Stronach, Magna plans to mass production within the next three years, lithium batteries and electric vehicles, with the first electric vehicle production base in Canada falls.
“If you can get government loans, we will speed up production plans and production base will be established in Canada; Frank – Stronach near Capitol Hill in Ottawa at a news conference that” We expect the next 12 years, there will be 30% of the cars are electric vehicles. Global electric vehicle market will be very intense, but I am confident that Magna will become one of the leaders in the market. ; The day, Ford developed in cooperation with Magna Fox Li-ion laptop battery electric vehicles are being displayed on Capitol Hill.
Stronach said that the first phase will include the lithium batteries 92P1075 , 92P1077 , 92P1087 used in electric vehicle production system. Until now, lithium batteries Magna has invested 200 million U.S. dollars (the total budget is 300 million U.S. dollars).
Magna has 50 million U.S. dollars from a South Korean enterprises to buy a lithium battery that technical patents. Stronach said, “If you develop, you may need seven or eight years, we can not wait.; As for the Magna to the Government the number of loan applications, the company did not disclose.
Magna International Group is headquartered in Ontario, Canada Aurora.
“If you can get government loans, we will speed up production plans and production base will be established in Canada; Frank – Stronach near Capitol Hill in Ottawa at a news conference that” We expect the next 12 years, there will be 30% of the cars are electric vehicles. Global electric vehicle market will be very intense, but I am confident that Magna will become one of the leaders in the market. ; The day, Ford developed in cooperation with Magna Fox Li-ion laptop battery electric vehicles are being displayed on Capitol Hill.
Stronach said that the first phase will include the lithium batteries 92P1075 , 92P1077 , 92P1087 used in electric vehicle production system. Until now, lithium batteries Magna has invested 200 million U.S. dollars (the total budget is 300 million U.S. dollars).
Magna has 50 million U.S. dollars from a South Korean enterprises to buy a lithium battery that technical patents. Stronach said, “If you develop, you may need seven or eight years, we can not wait.; As for the Magna to the Government the number of loan applications, the company did not disclose.
Magna International Group is headquartered in Ontario, Canada Aurora.
