Magna and LG to launch EV powertrain joint venture in July 2021

LG Electronics and Magna will launch their new joint venture, LG Magna e-Powertrain, in July 2021. LG will own 51% and Magna will acquire a 49% stake.

“LG Electronics and Magna will launch their new joint venture (JV), LG Magna e-Powertrain, in July”autotechinsight.spglobal.com

• 1 source
• autotechinsight.spglobal.comMagna, LG to launch EV powertrain joint venture in July 2021 - Automotive Technology Insight | Forecasts | Industry News | Supply ChainJun 22, 2021

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