TSX:MGAuto Components
Magna’s DHD REX Launch Puts Range Extended Hybrids In Investor Focus
Magna International (TSX:MG) has launched the DHD REX, a dedicated hybrid drive system for range extended electric vehicles.
The DHD REX is designed as a ready to integrate, modular solution aimed at reducing cost and complexity for automakers.
The new system broadens Magna's hybrid technology portfolio and targets demand for flexible electrification options.
For investors watching TSX:MG, this move adds a new piece to Magna's role as an auto parts supplier in the global shift toward...