Verified Nov 2026
Batteries & E-Mobility
·
Incheon
·
Since 2021
LG Magna e-Powertrain is a joint venture of LG Electronics and Magna International established in July 2021, headquartered in Incheon, South Korea. The company develops and manufactures electric vehicle powertrain systems including motors, inverters, onboard chargers, and integrated e-drive units for global automakers. With 1,000–5,000 employees and estimated revenue of $500M–$1B, it operates production facilities in China, Mexico, Hungary, Germany, and Japan, targeting mass production at its Hungary plant in February 2027.
LG Magna e-Powertrain at a glance
Revenue
$500M-1B
Est. band
Employees
1,000-5,000
Founded
2021
Headquarters
Incheon
Certifications
IATF 16949 · ISO 9001
Import activity
431
Industries
Automotive
Electric Vehicles
Electronics
Construction
Plumbing & Hardware
Renewable Energy
Sourcing and import activity
From US customs bill-of-lading records
US sea imports
431
Named foreign suppliers
36
Top origins
China · South Korea · Hong Kong S.A.R. · Vietnam
Shared foreign counterparties do not establish that these companies buy from LG Magna e-Powertrain.
What this tells a buyer
Customs records show 431 shipments across multiple origins including China, South Korea, Hong Kong, Vietnam, and Italy, with key component suppliers in China and South Korea accounting for the majority of inbound material flows.
The company manufactures electric drive motors, inverters, onboard chargers, and gear assemblies, and holds IATF 16949 and ISO 9001 certifications.
LG Magna e-Powertrain is a joint venture between LG Electronics and Magna International with revenue estimated at $500M–$1B and serves the automotive and electric-vehicle industries.
Source: US customs bill-of-lading records and public filings · Last verified Nov 05, 2026
STABILITY SIGNALS
Operating
5 years in operation (founded 2021).
431 US import shipments on record.
Holds IATF 16949, ISO 9001 certification(s) per public sources.
Overview
LG Magna e-Powertrain is a joint venture of LG Electronics and Magna International established in July 2021, headquartered in Incheon, South Korea. The company develops and manufactures electric vehicle powertrain systems including motors, inverters, onboard chargers, and integrated e-drive units for global automakers. With 1,000–5,000 employees and estimated revenue of $500M–$1B, it operates production facilities in China, Mexico, Hungary, Germany, and Japan, targeting mass production at its Hungary plant in February 2027.
At a glance
Attribute | Detail |
|---|---|
Founded | 2021 |
Headquarters | Incheon |
Employees | 1,000-5,000 |
Revenue | $500M-1B (estimated) |
Primary capability | Batteries & E-Mobility |
Certifications | IATF 16949 · ISO 9001 |
What LG Magna e-Powertrain makes
The company manufactures electric drive motors, inverters, onboard chargers, and gear assemblies, and holds IATF 16949 and ISO 9001 certifications.
Products and capabilities described on the company's own site include Powertrain, Electronics, Machining, Assembly, Gear (source: lgmagna.com).
Certifications
LG Magna e-Powertrain is associated with the following certifications in public sources. Confirm the certified scope for the specific plant producing your part:
IATF 16949 — dqsglobal.com
ISO 9001 — dqsglobal.com
Trade and customs footprint
Customs records show 431 shipments across multiple origins including China, South Korea, Hong Kong, Vietnam, and Italy, with key component suppliers in China and South Korea accounting for the majority of inbound material flows. US customs bill-of-lading records list 431 inbound shipments across 36 foreign suppliers, with top origins including China · South Korea · Hong Kong S.A.R. · Vietnam.
Latest developments
2026-10-30 — [Gen-AI Analysis] LG Magna e-Powertrain targets mass production at Hungary plant in February 2027 - MarkLines Automotive Information & Gen-AI Platform (marklines.com)
2026-07-30 — LG Magna boosts Mexico sales share, targets Hungary mass production in 2027 - CHOSUNBIZ (chosun.com)
2025-12-03 — LG마그나 이파워트레인, 멕시코 법인 차입금 737억 채무보증 < 경제일반 < 경제 < 기사본문 - 블로터 (bloter.net)
2025-11-19 — LG Magna e-Powertrain Unveils Advanced Electric Motor Platform for EVs (everythingpe.com)
Facilities
LG Magna e-Powertrain is headquartered in Incheon. Public sources also reference these locations:
Miskolc, Hungary — lgmagna.com
Ramos Arizpe, Mexico — lgmagna.com
Incheon, South Korea — lgmagna.com
Nanjing, China — lgmagna.com
Company details
LG Magna e-Powertrain is a joint venture between LG Electronics and Magna International with revenue estimated at $500M–$1B and serves the automotive and electric-vehicle industries. LG Magna e-Powertrain was founded in 2021, has an estimated 1,000-5,000 employees, and is headquartered in Incheon. On the LightSource stability read it is rated "Operating": 5 years in operation (founded 2021). 431 US import shipments on record. Holds IATF 16949, ISO 9001 certification(s) per public sources.
Frequently asked questions
What does LG Magna e-Powertrain make?
LG Magna e-Powertrain is a joint venture of LG Electronics and Magna International established in July 2021, headquartered in Incheon, South Korea. The company develops and manufactures electric vehicle powertrain systems including motors, inverters, onboard chargers, and integrated e-drive units for global automakers. With 1,000–5,000 employees and estimated revenue of $500M–$1B, it operates production facilities in China, Mexico, Hungary, Germany, and Japan, targeting mass production at its Hungary plant in February 2027.
Where is LG Magna e-Powertrain headquartered?
LG Magna e-Powertrain is headquartered in Incheon.
When was LG Magna e-Powertrain founded?
LG Magna e-Powertrain was founded in 2021.
How big is LG Magna e-Powertrain?
LG Magna e-Powertrain has an estimated 1,000-5,000 employees, with revenue in the $500M-1B range (estimated).
What certifications does LG Magna e-Powertrain hold?
LG Magna e-Powertrain lists IATF 16949 · ISO 9001 on its website. Confirm the certified scope for the specific plant producing your part.
Does LG Magna e-Powertrain import from overseas suppliers?
US customs bill-of-lading records show 431 inbound shipments for LG Magna e-Powertrain, with top origins including China · South Korea · Hong Kong S.A.R. · Vietnam.
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Last verified Nov 2026. Is this your company? Request a correction.
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