DG Innovate signs joint venture with EVage to manufacture Pareta electric motors in India

DG Innovate signed a joint venture agreement with EVage Automotive to manufacture and supply Pareta e-drives in Chandigarh, India. DGI will own 60% and EVage 40% of the JV, which aims to produce approximately 100,000 units over four years.

“DGI to commence production of Pareta® motors after signing Joint Venture with EVage”lse.co.uk

• 1 source
• lse.co.ukDGI to commence production of motors via EVage JV | Regulatory NewsNov 27, 2024

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