Magna Deepens China Footprint to Meet Growing EV Demand - Magna International (NYSE:MGA)

Magna Opening New Facility In China

Photo Credit: Magna International Inc. In a move that strengthens its presence in China, automotive parts molder Magna International is opening a new facility in the Jiujiang Economic Development Zone, Wuhu to support the demand of electric drive systems — starting with Chery and positioned to try and serve additional automakers in the future. As China’s automotive industry accelerates toward electrification, localized production of electric tec…

Magna Deepens China Footprint to Meet Growing EV Demand - Magna International (NYSE:MGA)

New facility in Wuhu to produce electric drives for Chery and support future growth Magna advances electrification capabilities and market reach in China Expansion expected to create approximately 200 new jobs AURORA, Ontario, Nov. 18, 2025 (GLOBE NEWSWIRE) -- Magna is strengthening its presence in China with a new facility in the Jiujiang Economic Development Zone, Wuhu to support the growing demand of electric drive systems—starting with Chery…