First-Ever All-Electric Jaguar Unveiled at Magna
March 02 2018 - 8:47AM
Magna’s complete vehicle manufacturing facility in Graz, Austria,
hosted Jaguar Land Rover for the automaker’s presentation of their
latest model, the new Jaguar I‑PACE.
The event marks the start of production of the brand’s
first-ever all-electric car. Magna Steyr is the only contract
manufacturer in the world building vehicles with different
propulsion systems at one plant and on one production line.
The Jaguar I-PACE is the second Jaguar Land Rover model built by
Magna. The first, the Jaguar E-PACE, made its debut in 2017 also at
the complete vehicle manufacturing facility in Graz.
The world premiere of the I-PACE included many VIPs and
customers, and the presentation was broadcast live on Jaguar’s
social media channels. The guests of the reveal ceremony also had
the chance to go for a test drive and experience the new vehicle
first-hand.
In 2018 approximately 200,000 vehicles will be produced at
Magna's location in Graz; four different models for three
automakers will be manufactured.
TAGSI-PACE, SUV, Jaguar Land Rover, E-mobility, Magna Steyr,
complete assembly, contract manufacturing
INVESTOR CONTACTLouis Tonelli, Vice-President, Investor
Relations louis.tonelli@magna.com, 905.726.7035
MEDIA CONTACTS Tracy Fuerst, Global Director of Corporate
Communications & PRtracy.fuerst@magna.com, 248.631.5396
Rej Husetovic, Director Corporate Communications & Media
Relations Europe rej.husetovic@magna.com, (+49-6093) 9942-5056
ABOUT MAGNA We have more than 168,000 entrepreneurial-minded
employees dedicated to delivering mobility solutions. We are a
technology company and one of the world's largest automotive
suppliers with 335 manufacturing operations and 96 product
development, engineering and sales centres in 28 countries. Our
competitive capabilities include body exteriors and structures,
power and vision technologies, seating systems and complete vehicle
solutions. Our common shares trade on the Toronto Stock
Exchange (MG) and the New York Stock Exchange (MGA). For
further information about Magna, visit www.magna.com.
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“FORWARD-LOOKING STATEMENTS” UNDER APPLICABLE SECURITIES
LEGISLATION AND ARE SUBJECT TO, AND EXPRESSLY QUALIFIED BY, THE
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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
http://www.globenewswire.com/NewsRoom/AttachmentNg/8c2ab57d-aeea-456f-86ad-63b52e442a91
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