- Magna International Inc’s MGA all-electric connected powertrain, the EtellingentReach, is set to debut on a new entrant vehicle in 2022.
- The system is comprised of two electric motors, inverters and gearboxes, and leverages advanced software to maximize vehicle range and driving dynamics.
- eDrive technology advancements in the EtelligentReach achieve a range increase of up to 145 km/90 miles or 30% compared to certain production BEV vehicles in the segment.
- The company will be showcasing the innovations at its booth in the West Hall at CES 2022.
- Price Action: MGA shares are trading lower by 1.65% at $78.52 on the last check Monday.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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