{"id":985551,"date":"2026-07-28T08:20:05","date_gmt":"2026-07-28T12:20:05","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/magna-secures-800v-edrive-program-award-with-chery\/"},"modified":"2026-07-28T08:20:05","modified_gmt":"2026-07-28T12:20:05","slug":"magna-secures-800v-edrive-program-award-with-chery","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/magna-secures-800v-edrive-program-award-with-chery\/","title":{"rendered":"Magna Secures 800V eDrive Program Award With Chery"},"content":{"rendered":"<div class=\"mw_release\">\n<ul type=\"disc\">\n<li style=\"margin-bottom:6pt\">New 250kW 800V 2-speed eDrive program award highlights Magna\u2019s advanced electrification capabilities<\/li>\n<li style=\"margin-bottom:6pt\">Program to be produced at Magna\u2019s new Wuhu facility, supporting localized execution in China<\/li>\n<li style=\"margin-bottom:6pt\">Momentum continues with dedicated hybrid drive system now in series production with Chery on the Jetour G700<\/li>\n<\/ul>\n<p>AURORA, Ontario, July  28, 2026  (GLOBE NEWSWIRE) &#8212; Magna today announced it has secured an 800-volt electric drive (eDrive) program award with Chery, marking a key milestone in the company\u2019s advanced electrification strategy in China. The program will be produced at Magna\u2019s new Wuhu facility, reinforcing the company\u2019s ability to bring next generation electric drive technologies into localized production for leading Chinese OEMs.<\/p>\n<p>The awarded 250kW 800V 2-speed eDrive system is engineered to deliver high performance, efficiency and scalability through a compact, integrated design. Built on Magna\u2019s modular electrification portfolio, the system supports a wide range of battery electric vehicle applications while enabling flexible integration across global platforms. Its advanced architecture is designed to optimize power density, improve energy efficiency and enhance overall driving performance.<\/p>\n<p>\u201cMagna\u2019s strength lies in our ability to support customers across propulsion technologies and regions,\u201d said Diba Ilunga, President Magna Powertrain. \u201cThis new 800V eDrive award with Chery reflects how we support OEMs as they move forward, whether through electric, hybrid or mixed technology strategies, while delivering the performance, efficiency and scalability today\u2019s markets demand.\u201d<\/p>\n<p>The new eDrive program builds on Magna\u2019s growing momentum in China, including the start of production of its DHD Duo dedicated hybrid drive system with Chery on the Jetour G700. First announced in 2024, the DHD Duo program has now reached series production, highlighting Magna\u2019s ability to industrialize complex high voltage propulsion systems quickly and at scale.<\/p>\n<p>Together, these milestones demonstrate Magna\u2019s ability to deliver across the full spectrum of electrification, combining advanced product development, localized manufacturing and proven execution to support the continued growth of its customers in China and globally.<\/p>\n<p>To learn more about Magna\u2019s powertrain systems and electrification capabilities, visit <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=fPhW6T1dYNbEp0Omj430_TZZwX_A6cFPFOuBiFmiDUfp_e1PPp23QiSNGNJfcRJ4IjjjM-359y6Mk8B89IvXCAW-5_MaGrMf49Ag7RDjMYqcCv7Y9FFWZzHcUQa5zUS_8GdtJGAoS3DeXUIpFEI8nw==\" rel=\"nofollow\" target=\"_blank\">www.magna.com\/products\/powertrain<\/a>.<\/p>\n<p>\n        <strong>INVESTOR CONTACT <\/strong><br \/>\n        <br \/>Louis Tonelli, Vice President, Investor Relations <br \/>louis.tonelli@magna.com \u2502 905.726.7035<\/p>\n<p>\n        <strong>MEDIA CONTACT <\/strong><br \/>\n        <br \/>Tracy Fuerst, Vice President, Corporate Communications &amp; PR<br \/>tracy.fuerst@magna.com \u2502 248.761.7004<\/p>\n<p>\n        <strong>A<\/strong><br \/>\n        <strong>BOUT MAGNA <\/strong><br \/>\n        <br \/>Magna is one of the world\u2019s largest automotive suppliers and a trusted partner to automakers in the industry\u2019s most critical markets\u2014North America, Europe, and China. With a global team and footprint spanning 28 countries, we bring unmatched scale, trusted reliability, and proven execution. Backed by nearly seven decades of experience, we combine deep manufacturing expertise with innovative vehicle systems to deliver performance, safety, and quality.\u200b<br \/>\u200b<br \/>For further information about Magna (NYSE:MGA; TSX:MG), please visit\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=fPhW6T1dYNbEp0Omj430_ShGQv2cVEvDH0nJt0-tmyOzs8BAyU5fPi1gkwOSFzNq8y1PTMqgS0zqkNVpS1AGznMsW3b98Exp3K6qBbITJLQ=\" rel=\"nofollow\" target=\"_blank\"><strong>www.magna.com<\/strong><\/a> or follow us on social.<\/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 WWW.MAGNA.COM.<\/strong>\n      <\/p>\n<p>A photo accompanying this announcement is available at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=GzeAsIxypicXaDfuQhlEI8STFNaHby-xiPO4KP3aE9O8Ev6KnAPcx6Ha1Fo3LBYczwEuLTgEoEGCGDEoUn7-Cb0ZOXviuvO_LOBAn12jUHRFLVvOPa48VT2KzIvxdt6D1O0zbFUtelhbDB9ajhWwUzxaHecT_OKGzKa5IawqIVx_JRNdYD9k8s2GQJ7y_OTaFLgOgUfHS62je1sfl4MbIIdI09CVxDpbE6RzQtRqKncL99VvRzjZpqJtYY35P3fp0gY7gTQRwXSQsFkRbjJFsA==\" rel=\"nofollow\" target=\"_blank\">https:\/\/www.globenewswire.com\/NewsRoom\/AttachmentNg\/e3682d4e-0372-4e49-900b-be17093e75b6<\/a><\/p>\n<p>      <img decoding=\"async\" alt=\"\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTc5ODYxNyM3NzQ0NDg0IzIwMDg4MTU=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" alt=\"\" src=\"https:\/\/ml.globenewswire.com\/media\/MjU3NWE1N2UtOGVhZS00MjZhLWFmMmItZDdmMjI4M2Y3NjZhLTEwMjAzODgtMjAyNi0wNy0yOC1lbg==\/tiny\/Magna-International-Inc-.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>New 250kW 800V 2-speed eDrive program award highlights Magna\u2019s advanced electrification capabilities Program to be produced at Magna\u2019s new Wuhu facility, supporting localized execution in China Momentum continues with dedicated hybrid drive system now in series production with Chery on the Jetour G700 AURORA, Ontario, July 28, 2026 (GLOBE NEWSWIRE) &#8212; Magna today announced it has secured an 800-volt electric drive (eDrive) program award with Chery, marking a key milestone in the company\u2019s advanced electrification strategy in China. The program will be produced at Magna\u2019s new Wuhu facility, reinforcing the company\u2019s ability to bring next generation electric drive technologies into localized production for leading Chinese OEMs. The awarded 250kW 800V 2-speed eDrive system is engineered to deliver high performance, efficiency &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/magna-secures-800v-edrive-program-award-with-chery\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Magna Secures 800V eDrive Program Award With Chery&#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-985551","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Magna Secures 800V eDrive Program Award With Chery - 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-secures-800v-edrive-program-award-with-chery\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Magna Secures 800V eDrive Program Award With Chery - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"New 250kW 800V 2-speed eDrive program award highlights Magna\u2019s advanced electrification capabilities Program to be produced at Magna\u2019s new Wuhu facility, supporting localized execution in China Momentum continues with dedicated hybrid drive system now in series production with Chery on the Jetour G700 AURORA, Ontario, July 28, 2026 (GLOBE NEWSWIRE) &#8212; Magna today announced it has secured an 800-volt electric drive (eDrive) program award with Chery, marking a key milestone in the company\u2019s advanced electrification strategy in China. The program will be produced at Magna\u2019s new Wuhu facility, reinforcing the company\u2019s ability to bring next generation electric drive technologies into localized production for leading Chinese OEMs. The awarded 250kW 800V 2-speed eDrive system is engineered to deliver high performance, efficiency &hellip; Continue reading &quot;Magna Secures 800V eDrive Program Award With Chery&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/magna-secures-800v-edrive-program-award-with-chery\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2026-07-28T12:20:05+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTc5ODYxNyM3NzQ0NDg0IzIwMDg4MTU=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/magna-secures-800v-edrive-program-award-with-chery\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/magna-secures-800v-edrive-program-award-with-chery\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Magna Secures 800V eDrive Program Award With Chery\",\"datePublished\":\"2026-07-28T12:20:05+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/magna-secures-800v-edrive-program-award-with-chery\\\/\"},\"wordCount\":596,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/magna-secures-800v-edrive-program-award-with-chery\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=OTc5ODYxNyM3NzQ0NDg0IzIwMDg4MTU=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/magna-secures-800v-edrive-program-award-with-chery\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/magna-secures-800v-edrive-program-award-with-chery\\\/\",\"name\":\"Magna Secures 800V eDrive Program Award With Chery - 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