Does Magna have a new battery enclosure facility in Ontario?

AURORA, Ontario, February 15, 2023 – Today, Magna announced it is investing more than $470 million to expand its operations across Ontario, Canada. The growth includes a new battery enclosures facility in Brampton to support the Ford F-150 Lightning and future OEM programs.

Will Magna's investments strengthen EV supply chains in Ontario?

“By diversifying automotive parts manufacturing across the province, Magna’s investments will strengthen EV supply chains in Ontario.” Magna has 49 manufacturing facilities with more than 18,500 employees throughout Canada.

Who is Magna fuel tank?

Magna is an independent, global leader in the automotive sector, and a key partner for a wide range of OEMs. We have decades of experience producing fuel tank systems at high volumes, and we make sure our customers get the benefit of that experience.

How safe is energy storage in Canada?

Canada’s energy storage industry has a strong foundation of experience building safe and reliable systems with an extremely low risk of fire events. And Energy Storage Canada continues to work with its members and industry experts to ensure that these high standards continue to be met.

Does Magna manufacture fuel tank caps?

As well as fuel tank systems, Magna also develops and manufactures the associated caps and components. Our range encompasses filler, urea, oil and radiator caps. Our reliable products meet the toughest safety and environmental standards, at the same time as providing maximum ease-of-use for the driver.

Are pumped hydro and battery energy storage a new technology in Canada?

Some technologies, like pumped hydro, have a long history in Canada. Others, like battery energy storage systems (BESS) are new technologies to many and raise questions, especially as project approvals anticipate the integration of these assets into peoples’ communities.