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.
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Comments
WHY NO IN AMERICA ????????????????????????????????????? Dumb upper People…………………
Considering Magna is Canadian, if anything they would have built another plant on the homeland. But the land is also infinitely more expensive, so Mexico it is.
Also, welcome to the global economy. This kind of thing isn’t going away.
From a National Security standpoint it isn’t the worst thing in the world. Any of the USA’s international adversaries could theoretically step in and take that business outside the loop of Trump’s NAFTA (aka USMCA), which is more of a continental economy thing. How dare you criticize the Donald?
LG making product in Mexico. What could go wrong? #boltblaze #burnitdown #toasty
Old American: have you realized that the United States is the only country in the world with no name? It is just called United States. It happen to be located in the continent named America. But guess what. America per our geography classes is from north Canada to the very southernmost tip of Argentina. Yes it has been called through the years, North-Central- South-Latin America, but still America.
Why do you ask “Why not in America?”. It will be built in America, in the land of Mexico. Not in the United States.
The Canadian brothers made the decision and not the United States-ians.
Best. Response. Ever!
Global manufacturing of products for use or sale by other countries has been going on for decades. While Americans do not get the jobs that are generated in Mexico by GM’s deal with Magna and LG, (which is not an overall good thing ), this can stabilize areas in Mexico, which in the long run is good for The U.S.A. also. I know, America First, I’ve heard that. In that regard, we have to increase the production of semiconductors ( chips ) in The U.S.A. to supply our own needs. Right now, (they say ), 90% of production of Chips world wide is done in Taiwan. Should Mainland China decide that they want to take back Taiwan , we would have no choice but to go to war to stop that. This doesn’t sound like a great plan to me.
I really thought we would be hearing that GM and American Axle Manufacturer have signed an agreement on new E-Drive units. American Axle is producing many of its units for GM China operations. American Axle has a long great history with GM
Won’t be long the cartels will run it.