Magna Mezzo™ Panel Modernizing the Face of Electric Vehicles

Rhea-AI Summary

Magna has unveiled its innovative Mezzo Panel, a fully integrated technology for electric vehicles. It facilitates the incorporation of ADAS sensors and lighting, offering designers a customizable canvas. Features include hidden-until-lit functionality, allowing for smooth surfaces that illuminate creatively, and potential for active aerodynamics. Future designs may utilize sustainable materials, enhancing automakers' sustainability goals. This technology represents a significant step towards meeting zero-emissions targets in the automotive industry.

Positive

• Introduction of the Mezzo Panel technology allows for advanced integration of ADAS and lighting.
• Offers a customizable surface for designers, enhancing vehicle aesthetics.
• Potential for sustainable materials, aligning with green initiatives.

Negative

• None.

• Large front panel integrates ADAS sensors and lighting
• Features hidden-until-lit functionality
• Enables design distinction for front ends                        

AURORA, Ontario, Aug. 18, 2021 (GLOBE NEWSWIRE) -- Magna is reimagining the face and functionality of electric vehicle front ends with its new Mezzo Panel technology. The fully integrated Mezzo Panel offers a fresh canvas for designers and an opportunity for engineers to seamlessly integrate advanced driver assistance system (ADAS) capabilities like radar, cameras and lighting.

“We can essentially hand designers and engineers a paint brush to create adaptations of current vehicle designs or start fresh on a blank, customizable surface to redefine brands for future electric and autonomous vehicles,” said Brian Krull, Global Director of Innovation for Magna’s Exteriors group.

The Magna Mezzo Panel features hidden-until-lit lighting, meaning the surface looks clean and smooth until lighting is activated, enabling creative and innovative lighting options. There is also space for animated lighting that communicates vehicle intent and status alerts. Active aerodynamic technology can also be added to improve vehicle range while also providing a futuristic look.

Future iterations of the technology may feature sustainable materials, such as environmentally friendly plastics, coatings and films, that would further automakers’ sustainability efforts. Those materials also allow for signal transmission, enabling seamless integration of ADAS sensors.

“The possibilities for Mezzo Panel are really endless,” added Krull. “We look forward to working with our customers to leverage this exciting technology as they work toward meeting their zero-emissions goals.”

TAGS
Electrification, exterior lighting, vehicle design, autonomous vehicles

INVESTOR CONTACT
Louis Tonelli, Vice-President, Investor Relations
louis.tonelli@magna.com, 905.726.7035

MEDIA CONTACT
Tracy Fuerst, Vice President, Corporate Communications & PR
tracy.fuerst@magna.com, 248.631.5396

ABOUT MAGNA
Magna is more than one of the world’s largest suppliers in the automotive space. We are a mobility technology company with a global, entrepreneurial-minded team of 158,000 employees and an organizational structure designed to innovate like a startup. With 60+ years of expertise, and a systems approach to design, engineering and manufacturing that touches nearly every aspect of the vehicle, we are positioned to support advancing mobility in a transforming industry. Our global network includes 347 manufacturing operations and 87 product development, engineering and sales centres spanning 28 countries.

For further information about Magna (NYSE:MGA; TSX:MG), please visit www.magna.com or follow us on Twitter @MagnaInt.

THIS RELEASE MAY CONTAIN STATEMENTS WHICH CONSTITUTE “FORWARD-LOOKING STATEMENTS” UNDER APPLICABLE SECURITIES LEGISLATION AND ARE SUBJECT TO, AND EXPRESSLY QUALIFIED BY, THE CAUTIONARY DISCLAIMERS THAT ARE SET OUT IN MAGNA’S REGULATORY FILINGS. PLEASE REFER TO MAGNA’S MOST CURRENT MANAGEMENT’S DISCUSSION AND ANALYSIS OF RESULTS OF OPERATIONS AND FINANCIAL POSITION, ANNUAL INFORMATION FORM AND ANNUAL REPORT ON FORM 40-F, AS REPLACED OR UPDATED BY ANY OF MAGNA’S SUBSEQUENT REGULATORY FILINGS, WHICH SET OUT THE CAUTIONARY DISCLAIMERS, INCLUDING THE RISK FACTORS THAT COULD CAUSE ACTUAL EVENTS TO DIFFER MATERIALLY FROM THOSE INDICATED BY SUCH FORWARD-LOOKING STATEMENTS. THESE DOCUMENTS ARE AVAILABLE FOR REVIEW ON MAGNA’S WEBSITE AT WWW.MAGNA.COM.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/4e065864-d258-4f2b-b6f9-e7fee2c6bcba

FAQ

What is Magna's new Mezzo Panel technology?

Magna's Mezzo Panel technology is a fully integrated solution for electric vehicles that combines ADAS sensors and lighting on a customizable surface.

When was the Mezzo Panel technology announced?

The Mezzo Panel technology was announced on August 18, 2021.

How does the Mezzo Panel enhance vehicle design?

The Mezzo Panel allows for hidden-until-lit functionality, enabling creative lighting options while providing a sleek design.

What sustainability efforts are associated with the Mezzo Panel?

Future iterations of the Mezzo Panel may use sustainable materials, helping automakers achieve their sustainability goals.

What are the potential benefits of the Mezzo Panel for automakers?

The Mezzo Panel technology supports automakers in creating distinctive vehicle designs while integrating advanced systems, addressing zero-emissions targets.