News Release - First-Ever All-Electric Jaguar Unveiled at Magna
- World premiere of the Jaguar I-PACE
- Magna is only contract manufacturer that can build vehicles across a range of propulsion systems
- Second Jaguar model that will be built by Magna
GRAZ, Austria,
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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.
TAGS
I-PACE, SUV, Jaguar Land Rover, E-mobility, Magna Steyr, complete assembly, contract manufacturing
INVESTOR CONTACT
Louis Tonelli, Vice-President, Investor Relations
louis.tonelli@magna.com, 905.726.7035
MEDIA CONTACTS
Tracy Fuerst, Global Director of
tracy.fuerst@magna.com, 248.631.5396
Rej Husetovic,
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
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