Magna Steyr Could Open U.S. Plant to Comply With Biden’s Domestic EV Tax Credit Requirements
Magna Steyr, the Austria manufacturer, might built an EV plant in the U.S. to qualify for tax credits and it could affect BMW.
Magna Steyr, the Austria manufacturer, might built an EV plant in the U.S. to qualify for tax credits and it could affect BMW.
From March 14, BMW Z4 and 5 Series production at Magna Steyr's factory in Graz, Austria will be on a hiatus due to a wiring harness shortage.
Starting this year, the Magna Steyr location will also be responsible for making the housings for the drive inside the BMW iX3
%%excerpt%% Magna just announced yet another factory is opening up, solely to manufacture parts for the Bavarian brand, like the seats in their cars
ADVERTISEMENT
Austrian contract manufacturer Magna Steyr confirmed today that the upcoming BMW Z4 will be made at their plant in Graz, Austria.
According to a new report, BMW and Toyota will be looking to build their Z4 and Supra models at the Magna Steyr plant in Graz, Austria.