From:Internet Info Agency 2026-04-23 09:21:32
On April 15, 2026, Magna Seating (Zhuozhou) Co., Ltd. Jinan Branch completed its business registration. The branch is under Magna Seating (Zhuozhou) Co., Ltd., a wholly owned subsidiary of Magna Seating (Chongqing) Co., Ltd., and will primarily supply complete seat assemblies for two BYD Ocean Network models—the Seal 06 and Dolphin. Previously, Magna operated only one seating joint venture in Shandong Province: Qingdao Huatie Magna Seating Co., Ltd. The establishment of the Jinan branch marks Magna’s second seating production entity in Shandong, helping to shorten its supply chain radius, reduce logistics costs, and enhance delivery responsiveness and stability. The new facility is also seen as a critical support for scaling up production capacity for the aforementioned popular BYD models and fills a key gap in Jinan’s new energy vehicle industrial chain.

Audi A2 E-Tron Prototype Spied Uncovered: Built on Dedicated EV Platform, Launching This Fall
European New Car Sales Rise 13% in June, Chinese Brands Surge 118%
NIO's All-New ES8 Hits 130,000 Deliveries; Spacious Five-Seater Now in Delivery
XPeng MONA L03 Core Component Suppliers and Tech Specs Revealed
Next-Gen Toyota Corolla to Offer EV Variant on New Multi-Powertrain Platform
LFP Sector to See High Growth and Structural Shortages in 2026
Toyota to Launch All-Electric Corolla to Counter Chinese EV Rivals
Foxconn Halts U.S. EV Project Over Tariffs, Shifts Focus to Poland and Japan