Innovation is not about ideas. It’s about making ideas happen.
Steve Jobs realized that great things in business are never done by one person. They’re done by a team of people.
To apply this concept we ask you to share your new, creative, inspired, “out-of-the-box”, breakthrough ideas and concepts for products, processes, technologies, materials and applications with us. Together we can develop them further. Together we can make it happen!
We offer four different automotive categories:
Cost Down
Hybridization of Transmission: HDT & DHT
E-Motor & Inverter
Mass Reduction
After you have uploaded your idea a Magna Steering Committee, comprised of many business area experts, will evaluate all ideas. As the challenge’s highlighting event, we will invite the finalists to the Supplier Innovation Day in November to present their idea and to receive the award.
We are looking forward to receiving your ideas!
Non-Disclosure & IP-Rights
- Non-Disclosure to third parties
- Magna Powertrain remarks that the responsibility to protect own Intellectual Property of ideas presented to Magna during the competition or presentation is with the SUPPLIER.
- SUPPLIER shall not claim ownership of Magna IP developed by Magna in parallel and independent from Supplier input.
