Magna International announced the launch of its DHD REX dedicated hybrid drive, a single‑motor system designed for range‑extended electric vehicles (REEVs). The new platform delivers an electric‑like driving experience with instant torque, smooth and quiet operation, and a multi‑mode design that supports electric driving, generating mode, and an optional parallel hybrid mode.
The DHD REX is built on a modular, single‑motor architecture that reduces system cost and complexity while enabling automakers to adapt the solution to diverse regulatory, infrastructure, and customer requirements worldwide. The launch follows Magna’s existing DHD Duo dual‑motor dedicated hybrid, positioning the company to capture a broader share of the growing REEV market.
The launch expands Magna’s dedicated hybrid portfolio and aligns with the company’s electrification strategy to provide flexible pathways for OEMs. By offering both single‑motor and dual‑motor solutions, Magna can meet a wide range of performance and range expectations across global markets.
Diba Ilunga, President of Magna Powertrain, said, “Magna's approach to electrification is centered on giving our customers flexible pathways forward. DHD REX reflects our commitment to adaptable, customer‑focused solutions that support a wide range of performance and market expectations.” The launch follows Q4 2025 earnings that beat expectations, with an adjusted EPS of $2.18 versus an estimate of $1.81—a beat of $0.37—driven by strict cost controls that maintained margins despite a 4% revenue decline. Revenue also exceeded expectations, and margin expanded to 7.5% from 6.5%.
Magna raised its 2026 outlook, projecting adjusted EBIT margin expansion and an EPS range of $6.25 to $7.25, reflecting confidence in continued demand for electrification solutions. The DHD REX launch signals Magna’s commitment to leading the shift toward electric mobility and strengthening its competitive position in the automotive supplier market.
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