Graz, Austria – Magna Steyr, a division of Ontario-based Magna International, will produce lithium-ion battery systems for Volvo Group. The battery systems will be used in Volvo’s hybrid city buses, heavy-duty distribution vehicles, and refuse trucks.

Production will begin in August 2009 at Magna Steyr’s facility in Graz, Austria.

“For years, Magna Steyr has been active in the research and development of alternative propulsion systems, especially of electrical energy storage systems,” said Dr. Burkhard Göschel, chief technical officer of Magna Vehicles and Powertrain. “This contract is proof that Magna Steyr is a leader in developing and delivering advanced technologies to our customers.”

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