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
On the road to developing autonomous technologies, perhaps nothing is more important than the vehicle being able to see the world around it. To help meet this challenge, Magna and its partner, Innoviz Technologies, will supply the BMW Group with solid-state LiDAR for upcoming autonomous vehicle production platforms.
27 April 2018Read in full
Magna executives were joined by Governor Juan Manuel Carreras Lopez, members of local government, customers and employees to celebrate the grand opening of a new body and chassis manufacturing facility in San Luis Potosí, Mexico.
20 April 2018Read in full
The 2018 Automotive News PACE Awards recognised forward-looking supplier innovations but it was literally a backwards-looking technology – Trailer Angle Detection – that earned Magna its third PACE Award in the past four years.
13 April 2018Read in full
BAIC Group (Beijing Automotive Industry Holding Co., Ltd.) and Magna have announced that they will jointly develop a next-generation smart electric vehicle architecture for the Chinese market.
10 April 2018Read in full
The Cambridge cluster continues to attract world-class companies keen to make the most of the wealth of skills, universities and research institutions found in the region. The latest to establish a presence here is leading automotive supplier Magna International, which has taken space at the Maxwell Centre on the West Cambridge site.
9 April 2018Read in full
Asia represents one of the strongest growing automotive markets in the world, and Magna has further strengthened its presence in the region through a cooperation agreement to provide complete vehicle engineering and development services for VinFast Manufacturing and Trading Company Limited of Vietnam.
3 April 2018Read in full
Magna, a mobility technology company and one of the world's largest automotive suppliers, and Lyft, North America's fastest growing rideshare company, today announced a multi-year collaboration in which the companies will jointly fund, develop, and manufacture self-driving systems.
15 March 2018Read in full
Magna's new Composites Centre of Excellence in Esslingen, Germany, aims to help European automakers meet increasingly stringent emissions requirements with lightweight structures and exterior components made of advanced materials.
8 March 2018Read in full
Magna International helps shape future mobility across all areas of vehicle development and production
26 February 2018Read in full