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Magna partners with BAIC in China to develop Electric Vehicle Architecture

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BAIC Group (Beijing Automotive Industry Holding Co., Ltd.) and Magna announced that they will jointly develop a next-generation smart electric vehicle architecture for the Chinese market.

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China is currently the leading market for electric mobility in the world, with around 700,000 electrified cars sold in 2017. By 2020, the number of all-electric cars on China's roads is forecast to reach around five million, due in part to subsidies and quotas by the Chinese government.

Magna Steyr was selected to be BAIC's partner due to its innovative and cost-effective solutions throughout its complete vehicle manufacturing and engineering services as well as its full-scale electronic/electrical architecture and lightweight technologies.

The agreement was signed on April 8, 2018, in Beijing, China, between Guenther Apfalter, President Magna Europe & Magna Steyr, and Xu Heyi, Chairman of BAIC Group.

"We are proud to develop the next generation of advanced smart EV architecture together with BAIC," said Guenther Apfalter, President of Magna Europe & Magna Steyr. "This is a further big step forward for Magna in vehicle electrification for the Chinese market."


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Magna partners with BAIC in China to develop Electric Vehicle Architecture
Modified on Wednesday 11th April 2018
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