Tuesday, December 22, 2020

Magna, LG forming joint venture to supply EVs

The new company, called LG Magna e-Powertrain, will immediately supply General Motors and Jaguar Land Rover, with an eye to land business from more automakers. “From our viewpoint, electrification is a sustainable trend going forward,” incoming Magna CEO Swamy Kotagiri said.



from Section Page News - Automotive News https://ift.tt/3hcjOgJ

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