{"id":456217,"date":"2021-03-11T13:13:07","date_gmt":"2021-03-11T18:13:07","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=456217"},"modified":"2021-03-11T13:13:07","modified_gmt":"2021-03-11T18:13:07","slug":"magna-drives-pickup-truck-electrification-with-its-new-ebeam-technology","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/magna-drives-pickup-truck-electrification-with-its-new-ebeam-technology\/","title":{"rendered":"Magna Drives Pickup Truck Electrification With Its New eBeam Technology"},"content":{"rendered":"<div class=\"mw_release\">\n<ul>\n<li style=\"text-align:left\">Magna\u2019s eBeam technology provides ability to retain pickup truck capability while transitioning to electrification<\/li>\n<li style=\"text-align:left\">First significant change to solid beam rear axle in trucks in more than 100 years<\/li>\n<li style=\"margin-bottom:6pt\">Power ranges can exceed 220 kW<\/li>\n<\/ul>\n<p>AURORA, Ontario, March  11, 2021  (GLOBE NEWSWIRE) &#8212; Magna continues to accelerate its powertrain electrification capabilities to help automakers achieve a zero-emission future. Today, the journey to a cleaner tomorrow continues with Magna\u2019s new <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=4ijnjZ9eqpcY3k9rAIthKCU_EGrz1cxsgIikHUbTDQQd7BUV36E-U-sPR5e1vWmzlfT5THEk8pHz0kLd2eMfv4Y_gsC4UAujtJxDIHMij4YWUbY0xneDIpQ4fSD_neya\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">eBeam technology<\/a> \u2013 which is scalable and gives automakers the ability to electrify their trucks without sacrificing utility and functionality. eBeam integrates with a battery electric or hybrid powertrain system and offers a structure-oriented design to support high-payload vehicles, with matching power for continuous-duty usage.<\/p>\n<p>Designed specifically to transition pickup trucks and light commercial vehicles to hybrid or full battery electric powertrain systems, eBeam integrates with existing truck architectures, without requiring unique suspension, chassis or brake systems. This approach presents an economical solution that helps bring new electrified trucks to market more quickly, while also preserving towing and payload capabilities.<\/p>\n<p>\u201cIt is a bold endeavor to electrify pickup trucks, whose owners demand the towing and hauling capabilities they are currently used to, and we\u2019ve accomplished it with our eBeam technology,\u201d said Tom Rucker, President, Magna Powertrain. \u201cWe know axles are core elements of a truck\u2019s strength, and we are excited to have developed the first significant improvement to the solid beam axle in over 100 years.\u201d<\/p>\n<p>With power ranges between 120 kW and 250 kW, automakers can choose from three variants within Magna\u2019s eBeam family:<\/p>\n<ul type=\"disc\">\n<li>Single motor, single speed<\/li>\n<li>Single motor, two speeds, or<\/li>\n<li>Twin motor, single speed including torque vectoring.<\/li>\n<\/ul>\n<p>To support electric four-wheel drive, Magna also offers several complete powertrain solutions incorporating an electric drive system at the front of the truck, including advanced software and controls for seamless integration.<\/p>\n<p>Click <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=YXV_wAFfFbumUhdCHApE_wBnSHuJpxQ8qwUL8ygDe9vnQTTM2mZaQq5MqQf6-MPONEHg_7Ar_D2jurUk_QyJCQ==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">here<\/a> to learn more on how the company is making an all-electric truck possible while keeping its strength and functionality.<\/p>\n<p>TAGS<br \/>eBeam, electrification, powertrain electrification, rear axles<\/p>\n<p>INVESTOR CONTACT<br \/>Louis Tonelli, Vice-President, Investor Relations <br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=YSIMkP9DTPsA3uWeBSc9CpV_aXSdjkSzAY39rMiIh6KFaQWcjl2PSJI7eXIgFS-zVCmMfKDIGYfnUFbYkXq55YDs3dF0sEWjlePC4tHfb50=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">louis.tonelli@magna.com<\/a>, 905.726.7035<\/p>\n<p>MEDIA CONTACT<br \/>Tracy Fuerst, Vice President, Corporate Communications &amp; PR<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=LEWYfNcEIMhREWBGAqqmhK-atePnsjPGhDXIA2OGsoJmxjCVMzjRsKZuJs_GJk01Ie0h8odxGmkqTJOxyV3TqNlM6x0jIsT_e8dH-9cRXcw=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">tracy.fuerst@magna.com<\/a>, 248.761.7004<\/p>\n<p>ABOUT MAGNA<br \/>We are a mobility technology company. We have more than 158,000 entrepreneurial-minded employees and 342 manufacturing operations and 91 product development, engineering and sales centres in 27 countries. We have complete vehicle engineering and contract manufacturing expertise, as well as product capabilities that include body, chassis, exteriors, seating, powertrain, active driver assistance, electronics, mechatronics, mirrors, lighting and roof systems. Our common shares trade on the Toronto Stock Exchange (MG) and the New York Stock Exchange (MGA). For further information about Magna, visit <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=sqwtPxoyLlWrH9uGKsXuKDmQz0eFMRnM0SvG6Ln9ZztIy2eVhfa7WDjB7EA4koUwauJMnQ7ianlNgJf_cJ9dLQ==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">www.magna.com<\/a>.<\/p>\n<p>\n        <strong>THIS RELEASE MAY CONTAIN STATEMENTS WHICH CONSTITUTE \u201cFORWARD-LOOKING STATEMENTS\u201d UNDER APPLICABLE SECURITIES LEGISLATION AND ARE SUBJECT TO, AND EXPRESSLY QUALIFIED BY, THE CAUTIONARY DISCLAIMERS THAT ARE SET OUT IN MAGNA\u2019S REGULATORY FILINGS. PLEASE REFER TO MAGNA\u2019S MOST CURRENT MANAGEMENT\u2019S 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\u2019S 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\u2019S WEBSITE AT <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=mY7u_RfZX_Aypg0WluAyKKFZ8w4EemrgWv2coXxG-yR4hNrw7sQ0sM8xbR_YNLmrePJ4fcfztHmbl0tcd5MrZA==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">WWW.MAGNA.COM<\/a><\/strong><br \/>\n        <strong>.<\/strong>\n      <\/p>\n<p>A photo accompanying this announcement is available at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=g2l5ejAkOp2QLlEO_rYuWpf8PreT4fqX9spiVBHw1hjjDUmdWHohTib61_yTYjPB8iBMdpqpNH3ouVJ2xhBDZObAP8H7r2DiHKjJVnfmfvDMtf2Cp8uWTXAFXvvonVVZatFsEGpKJzBBDij0h35SN77OkkHQk6AepOIRv0e_hbh5geCwAp8MKnwILYd319CeO5GpaHkHi4daBkVxoVQQY70fjlaBj-OuhHktR6_uWKaaRMim0c2HbAkTFoO3QqodeGX-osewEmPatU5hj-Nj8w==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">https:\/\/www.globenewswire.com\/NewsRoom\/AttachmentNg\/9929b899-0377-45f3-a19c-1eccb4615c61<\/a><\/p>\n<p>      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODE4Nzk4MSM0MDU1ODAwIzIwMDg4MTU=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/b5927866-63b3-40b0-9893-045f7ae02cda\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Magna\u2019s eBeam technology provides ability to retain pickup truck capability while transitioning to electrification First significant change to solid beam rear axle in trucks in more than 100 years Power ranges can exceed 220 kW AURORA, Ontario, March 11, 2021 (GLOBE NEWSWIRE) &#8212; Magna continues to accelerate its powertrain electrification capabilities to help automakers achieve a zero-emission future. Today, the journey to a cleaner tomorrow continues with Magna\u2019s new eBeam technology \u2013 which is scalable and gives automakers the ability to electrify their trucks without sacrificing utility and functionality. eBeam integrates with a battery electric or hybrid powertrain system and offers a structure-oriented design to support high-payload vehicles, with matching power for continuous-duty usage. Designed specifically to transition pickup trucks &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/magna-drives-pickup-truck-electrification-with-its-new-ebeam-technology\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Magna Drives Pickup Truck Electrification With Its New eBeam Technology&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-456217","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Magna Drives Pickup Truck Electrification With Its New eBeam Technology - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/magna-drives-pickup-truck-electrification-with-its-new-ebeam-technology\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Magna Drives Pickup Truck Electrification With Its New eBeam Technology - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Magna\u2019s eBeam technology provides ability to retain pickup truck capability while transitioning to electrification First significant change to solid beam rear axle in trucks in more than 100 years Power ranges can exceed 220 kW AURORA, Ontario, March 11, 2021 (GLOBE NEWSWIRE) &#8212; Magna continues to accelerate its powertrain electrification capabilities to help automakers achieve a zero-emission future. Today, the journey to a cleaner tomorrow continues with Magna\u2019s new eBeam technology \u2013 which is scalable and gives automakers the ability to electrify their trucks without sacrificing utility and functionality. eBeam integrates with a battery electric or hybrid powertrain system and offers a structure-oriented design to support high-payload vehicles, with matching power for continuous-duty usage. 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Today, the journey to a cleaner tomorrow continues with Magna\u2019s new eBeam technology \u2013 which is scalable and gives automakers the ability to electrify their trucks without sacrificing utility and functionality. eBeam integrates with a battery electric or hybrid powertrain system and offers a structure-oriented design to support high-payload vehicles, with matching power for continuous-duty usage. 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