Auto supplier Magna uniquely positioned to benefit from electric trucks

Manufacturing is now established to start out at the former Detroit-Hamtramck assembly plant, considerably less than two many years right after GM declared the enormous $2.2 billion financial investment to completely renovate the facility to develop a variety of all-electric powered vehicles and SUVs.

Image by Jeffrey Sauger for Typical Motors

DETROIT – If electric powered pickup vehicles from the Detroit automakers take off, auto provider Magna Global is in a distinctive placement to advantage from manufacturing a essential part of the cars.