LG Electronics and Magna International to form EV powertrain joint venture in July

LG Electronics and Magna International will launch a joint venture, LG Magna e-Powertrain Co., in July 2021, with LG holding 51% and Magna 49%, based on a $1 billion investment plan.

“The JV formally takes off in July.”pulse.mk.co.kr

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• pulse.mk.co.krLG Elec set to create EV powertrain JV with Magna in July - 매일경제 영문뉴스 펄스(Pulse)Mar 24, 2021

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