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Magna International Inc

12:25 PM EST - Magna International Inc : Announced it continues its growth in electrification with secondary eDrive systems hitting the market in Asia, Europe and North America on Volkswagen’s MEB platform. The HASCO Magna Electric Drive Systems Co., Ltd. team in China has started high-volume serial production of secondary eDrive systems for the Volkswagen ID.4 electric crossover, one of the automaker's vehicles on the MEB platform. Magna International Inc shares T.MG are trading up $0.86 at $102.06.