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Company Company Introduction

LG Magna e-Powertrain is a joint venture established July 2021 by LG Electronics and Magna International. It provides solutions for various electric vehicle parts such as drive motors, power conversion devices, and integrated systems. All production processes are carried out organically.

History

  • 2021

    LG Magna e-Powertrain joint venture is established

  • 2021

    Won orders from major European OEMs

  • 2020

    Began mass-production for Ford, FCA EV components

  • 2018

    Began mass-production for Jaguar Land Rover EV components

  • 2018

    Expanded manufacturing plant to 12,000 m2 in Incheon, South Korea

  • 2017

    Established LGEVU (Vehicle Components Unit) Corp, a locally-incorporated company in Troy, USA.

  • 2016

    Established new plant (Nanjing Plant) in Nanjing, China.

  • 2016

    Received GM’s prestigious Overdrive Award at the Supplier of the Year event

  • 2016

    Began mass production for GM EV components (Chevrolet Bolt)

  • 2013

    Established Vehicle Components Headquarters in Incheon, South Korea

  • 2012

    Organized new business unit (EV components) in LG electronics