Magna is celebrating what it regards as a “significant milestone” in its progress as a contract manufacturer.
The company recently built the ArcFox α-T sports utility vehicle – a battery electric vehicle – through its Zhenjiang, China joint venture contract manufacturing facility.
The $40,000 α-T symbolises the first time Magna’s complete vehicle manufacturing has expanded beyond Europe, where the company has built vehicles for Mercedes-Benz, BMW, Jaguar Land Rover and others at its Graz, Austria facility. [Read more…] about Magna celebrates ‘significant milestone’ in contract manufacturing