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LG Magna to supply $600M EV motors to Daimler · Endata

◂ Announcements

Apr 26, 2021CONTRACTGermany

LG Magna to supply $600M EV motors to Daimler

LG Electronics, through its upcoming LG Magna e-Powertrain joint venture with Magna, signed a contract to supply approximately $600 million worth of electric vehicle motors to Daimler.

Value

$600.0M

Status

Completed

Productselectric vehicle motors

CompaniesMagna International partner Daimler customer LG Electronics supplier

Sectors#Automotive Components

“LG전자가 이달 다임러에 약 6억달러 규모의 전기차용 모터를 공급하는 계약을 체결한 것으로 알려졌다.”biz.heraldcorp.com

1 source
biz.heraldcorp.com[단독] LG마그나, 獨다임러에 모터 7000억 공급 - 헤럴드경제김성미Apr 26, 2021

Summarized from public sources; check the original articles before acting on it.

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