TSX:MGAuto Components
Is Magna (TSX:MG) Quietly Repositioning Itself From Auto Parts Supplier To EV Ecosystem Architect?
In recent weeks, Canadian Industry Minister Mélanie Joly said Ottawa is in active talks with Chinese automakers about building an electric vehicle assembly plant in Canada, highlighting Magna International as a possible joint‑venture partner alongside other domestic auto‑parts and software firms.
This potential collaboration underscores how Magna could be positioned not just as a parts supplier but as a deeper participant in next‑generation EV manufacturing ecosystems on Canadian soil.
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