United States. Magna will supply battery cabinets for the new 2024 Chevrolet Silverado EV.
Magna announced that it has secured new business from General Motors (GM) to supply battery cabinets for the new 2024 Chevrolet Silverado EV.
The company will produce the cabinets at its Magna Electric Vehicle Structures facility in St. Clair, Michigan, where it already produces the battery enclosure for the GMC Hummer EV.
Magna recently announced major investment plans for the St. Clair facility to support the fast-growing electric vehicle market. Production is expected to begin later in 2023.
"The accelerating shift to vehicle electrification opens up exciting growth opportunities for Magna beyond the powertrain," said John O'Hara, president of Magna's body and chassis group.
"We have been able to leverage our expertise to supply battery housings, a product for which we see great potential in the future. We have our sights set on the future and are proud to play such an important role in GM's next generation of electric trucks."
Battery enclosures, which require all battery electric vehicles, house high-voltage batteries, electrical components, sensors, and connectors.
They contribute to the structural and safety aspects of a vehicle frame and protect critical battery components from potential impact, heat and water intrusion.
Magna says it can develop these advanced assemblies in steel, aluminum and multi-material configurations, including lightweight composites, to meet the individual needs of its customers.
