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Magna Mila EV

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Geneva 2009: Magna Steyr Mila EV concept

The Mila EV is a concept meant to illustrate a new vehicle platform that Magna has developed and optimized for electric drive applications. The modular system is able to be adapted to different body styles and even different powertrain configurations. It can be built as a pure EV, or parallel or series hybrid setup. Magna is offering it up to any manufacturers that would like a turn-key EV platform solution in order to get a car into production quickly.

In addition to the platform, Magna is getting into the battery game. Currently, the company is focusing on pack integration and working with a number of different cell suppliers and chemistries. Long term, the company may look at getting into cell development itself.

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Magna wants to build electric vehicles in Canada within 3 years

Frank Stronach, founder of Magna International, sees electric vehicles as a key step along the route to his long-time dream of making his company a full automaker. To that end, the company has built several electric drive concepts and is now collaborating with Ford on the development of its 2011 electric car program. Stronach intends to have his company build EVs and electric components like motors within three years.