Magna is pushing vehicle design possibilities with its new innovative Surface Element Lighting technology which offers a new palette of options for automotive designers. First-to-market on the all-electric 2021 Volkswagen ID.4, Surface Element Lighting is contained within a compact package, providing a homogeneous appearance and customizable, affordable LED lighting options for exterior vehicle applications.

“Automotive designers are constantly looking for new ways to differentiate and lighting is one way to showcase creativity and brand image,” said, John O’Hara, President of Magna Mechatronics, Mirrors, Lighting and Magna Electronics. “With OLED-like uniformity at a fraction of the cost, Surface Element Lighting is a game-changer in terms of design and customization.”

At a minimum thickness of just 4mm, individual compact LED panels can be packaged into tight spaces and situated in near-endless configurations. The surrounding frame of the lit element can be modified to create unique 3D panels enabling styling freedom.

Lighting animations are customizable and can be created within individual elements or in groups including: lock/unlock, greet/goodbye, charge indicator, startup and turn signal indicator. In addition, designers have the option to offer consumers a choice of different pre-programmed lighting animations to deliver an even greater level of personalization.

This new technology builds on Magna’s current portfolio which includes lighting solutions that can be found on more than 140 vehicle models today. For more information on our lighting solutions, please click here.

TAGSSurface Element Lighting, lighting, vehicle exteriors

INVESTOR CONTACTLouis Tonelli, Vice-President, Investor Relations louis.tonelli@magna.com, 905.726.7035

MEDIA CONTACTTracy Fuerst, Vice President, Corporate Communications & PRtracy.fuerst@magna.com, 248.631.5396

ABOUT MAGNAMagna is more than one of the world’s largest suppliers in the automotive space. We are a mobility technology company with a global, entrepreneurial-minded team of 158,000 employees and an organizational structure designed to innovate like a startup. With 60+ years of expertise, and a systems approach to design, engineering and manufacturing that touches nearly every aspect of the vehicle, we are positioned to support advancing mobility in a transforming industry. Our global network includes 347 manufacturing operations and 84 product development, engineering and sales centres spanning 28 countries.For further information about Magna (NYSE:MGA; TSX:MG), please visit www.magna.com or follow us on Twitter @MagnaInt.

THIS RELEASE MAY CONTAIN STATEMENTS WHICH CONSTITUTE “FORWARD-LOOKING STATEMENTS” UNDER APPLICABLE SECURITIES LEGISLATION AND ARE SUBJECT TO, AND EXPRESSLY QUALIFIED BY, THE CAUTIONARY DISCLAIMERS THAT ARE SET OUT IN MAGNA’S REGULATORY FILINGS. PLEASE REFER TO MAGNA’S MOST CURRENT MANAGEMENT’S DISCUSSION AND ANALYSIS OF RESULTS OF OPERATIONS AND FINANCIAL POSITION, ANNUAL INFORMATION FORM AND ANNUAL REPORT ON FORM 40-F, AS REPLACED OR UPDATED BY ANY OF MAGNA’S SUBSEQUENT REGULATORY FILINGS, WHICH SET OUT THE CAUTIONARY DISCLAIMERS, INCLUDING THE RISK FACTORS THAT COULD CAUSE ACTUAL EVENTS TO DIFFER MATERIALLY FROM THOSE INDICATED BY SUCH FORWARD-LOOKING STATEMENTS. THESE DOCUMENTS ARE AVAILABLE FOR REVIEW ON MAGNA’S WEBSITE AT WWW.MAGNA.COM.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/8d7e7020-a602-4bfa-b6b7-ed855ae9553a

Magna (NYSE:MGA)
Historical Stock Chart
From Feb 2024 to Mar 2024 Click Here for more Magna Charts.
Magna (NYSE:MGA)
Historical Stock Chart
From Mar 2023 to Mar 2024 Click Here for more Magna Charts.