LG Magna e-Powertrain is celebrating the groundbreaking of its new EV component manufacturing center in Ramos Arizpe, Mexico. The new plant will produce inverters, electric motors, and on-board chargers to support GM electric vehicle production in the region.
LG Magna e-Powertrain, a joint venture between LG Electronics and Magna International Inc., launched in July of 2021. The new 260,000-square-foot facility in Mexico will be the joint venture’s first production base in North America, and is expected to create roughly 400 new jobs.
“In the space of just over one year, we’ve added an expansion agreement, identified a strategic location to support our customer, and are now in the process of realizing our plans,” said president of Magna Powertrain, Tom Rucker. “The building of a new facility is a true testament to the strength of this collaboration and commitment in delivering innovative solutions to customers to meet their challenges. It also reinforces our active participation in the electrification transformation whether by eDrive sub systems or full systems.”
GM will be the foundational customer for the new LG Magna e-Powertrain plant. The facility will play a key role in GM’s continuing efforts to establish a scalable and sustainable North America-focused EV supply chain. The new plant is set for completion in 2023.
What’s more, the new LG Magna e-Powertrain plant is conveniently located in close proximity to GM’s Ramos Arizpe assembly facility, which is currently undergoing upgrades for new electric vehicle production.
As GM Authority covered late last month, GM has suspended production at its Ramos Arizpe assembly facility as it moves forward with the EV upgrades. The upgrades are expected to be completed in the second week of May, with normal operation resuming the week of May 16th. The update is part of a more than $1 billion investment in the facility, as GM announced last year.