LG Magna begins construction of electric powertrain components facility in Mexico

LG Magna e-Powertrain, a joint venture between LG Electronics and Magna Intl. Inc., has started construction of its new plant in Ramos Arizpe, Mexico. Scheduled for completion in 2023, the facility will produce inverters, motors, and on-board chargers to support General Motors’ electric vehicle production.

The 260,000-sq.-ft. plant, LG Magna e-Powertrain’s first production base in North America, is expected to create around 400 new jobs.

GM is the foundational customer for the new facility, which will play a key role in GM’s journey to build a strong, scalable, sustainable, and North America-focused EV supply chain.