tiprankstipranks
Magna secured first award for DHD Duo system
The Fly

Magna secured first award for DHD Duo system

Magna (MGA) has secured its first award for a Dedicated Hybrid Drive, DHD, Duo system with a leading Chinese OEM. This recognition underscores Magna’s commitment to innovation and sustainability, as well as the company’s flexible approach to supplying power to wheels. Magna’s DHD Duo system delivers a longitudinal front drive solution featuring an advanced dual e-motor and multi-speed design. The high-powered 800V system ensures an exceptionally smooth and comfortable experience across all driving conditions, positioning Magna at the forefront of hybrid technology innovation.

Don't Miss Our Christmas Offers:

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App