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Ford's EV Future Accelerated: $800M Investment In Tennessee By Magna

Ford Magna Tennessee Magna International

Magna International works in a multitude of automotive industry sectors. Magna International supplies components for many vehicles, both fossil fuel-powered and electric. Magna's subsidiary, Magna Steyr is an actual vehicle manufacturer, building certain electric vehicles like the Jaguar I-Pace and Fisker Ocean. Worldwide, the firm operates 342 facilities. To say the least, Magna plays a significant role in the global auto industry.

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