Magna is a leading global automotive supplier with 348 manufacturing operations and 91 product development, engineering and sales centres in 28 countries. We have over 172,000 employees focused on delivering superior value to our customers through innovative processes and World Class Manufacturing.
|Address:||Maxwell Centre, University of Cambridge, JJ Thomson Avenue, Cambridge|
|Membership type:||Founder Member|
At Magna, we take great ideas and develop them from invention to commercialization. We also know that great thinking happens outside our four walls, and that our ability to commercialise great ideas benefits inventors, founders, entrepreneurs, customers, and ultimately all who share the road.
As a global industry leader and the only automotive supplier in the world with the ability to contribute to every aspect of vehicle design, engineering and production, Magna International is pushing the boundaries of technology to define future mobility. In this new era of mobility, Magna is working with partners, entrepreneurs and start-up companies around the world to help bring ideas and innovation to market and develop game-changing technologies that are making the car of the future safer, smarter, cleaner and lighter.
To augment our own innovation efforts, Magna looks outside our four walls at early stage technologies that could compliment or enhance our current product portfolio. We have adapted an “open for business mentality” that casts our net broader in collaborating, investing and/or partnering with entrepreneurs, universities and the venture capital community. Our goal is to be a a strategic partner and potential investor in helping bring new innovations to the market.
Magna has a comprehensive product range, therefore our interest for new technology is very broad. That is one reason why we have also engaged with companies outside of traditional automotive. Industries such as medical, aerospace and software are working on or already have many technologies that can be applied to automotive especially as we move closer to full autonomy and more electrification. Technologies that include biosciences, artificial intelligence, big data, etc., are all areas that cross industries.
Our objective is simple, we want the venturing and innovation world to better understand Magna, our ability to commercialize innovation and our position to lead in the transformation of the vehicle, the automotive industry and the future mobility landscape in general.
As a global company, Magna manufactures in 29 countries. Therefore, we are able to leverage our global footprint to cultivate relationships with the best universities, venture funds, start-ups accelerators, and inventors. We are very much open for business, backed by our recent partnerships with several companies out of Israel, Canada and the US and multiple co-investment deals we have entered. To learn more, please visit http://www.magna.com/innovation
Delivering future-ready seating solutions that enable added functionality is key as new mobility changes the way consumers use their vehicles. This kind of functionality starts with the seat structure itself. To further enhance Magna’s capabilities in this area, the company signed an agreement to acquire VIZA Geca SL of Spain, which operates four production facilities and had sales of €125 million in 2017.
19 December 2018Read in full
Magna heads to CES 2019 with an all-new exhibit showcasing the company's future vision of how electrification, autonomy and smart mobility intersect.
14 December 2018Read in full
Magna announces the opening of a new mechatronics engineering center in Suzhou in the Jiangsu Province, China.
6 December 2018Read in full
To showcase tomorrow's vehicle designers' vision of the future, Magna is launching a new global automotive design competition.
29 November 2018Read in full
Drivers and passengers will enjoy a more intuitive experience thanks to technology which relies on motion and the sense of touch inside and outside of the car. To continue developing these advanced technologies for the automotive market, Magna has signed a deal to acquire Haptronik GmbH, further investing in advanced motion-control software and adding to Magna's leadership in mechatronics products.
26 October 2018Read in full
Just over a year ago, Magna launched its first-ever seating business and facility with BMW Group. This week, Magna employees and customer representatives celebrated the grand opening of another new seating facility to support BMW business.
12 October 2018Read in full
As Morocco emerges as a competitive export-focused production base for global automakers, a new resource for vehicle engineering services has also launched: a joint venture between Magna and Altran Technologies SA.
4 October 2018Read in full
Cities around the world increasingly recognise the significance of autonomy, electrification and mobility services to the future of how people live, work and move around in urban centres. As part of Magna's commitment to helping shape future mobility, the company announced it will join BMW i Andretti Motorsport as a primary partner for their Formula E team.
17 September 2018Read in full
With distinctive, high-performance lighting becoming a "must-have" for automakers and other mobility companies, Magna Electronics and Rohinni LLC have formed a joint venture to produce ultra-thin micro LED lighting solutions that are brighter, lighter and more energy-efficient than alternative technologies, including OLED.
29 August 2018Read in full