Magna provides electrical pickups at a decrease price

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The know-how shall be prepared for mass manufacturing by 2025, Magna CEO Swamy Kotagiri advised reporters right here at a winter proving floor final week, when it confirmed a previously gasoline-powered 2020 GMC Sierra 2500HD outfitted with the electrical powertrain system.

He mentioned Magna is now making the pitch to automaker clients that will probably be in a position to present them with the electrical powertrain system because the EV market beckons, however with out having to bear pricey platform redesigns and spending time and sources to develop their very own.

Kotagiri mentioned the system has already drawn “loads of curiosity” from automakers, however he declined to call them.

Magna, North America’s largest auto components provider, “isn’t just saying, inform us what you need and we’ll give it to you,” Kotagiri mentioned. As a substitute, Magna’s proposal is: “ ’This is the truck you had. We will make it electrified and it does precisely the identical with out altering your manufacturing footprint.’ Bringing that worth differentiates you from everybody else.”

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