Magna’s New Deal With LG

A joint venture we reported on last month, tentatively called LG Magna e-Powertrain, will supply e-motors, inverters, and onboard chargers immediately to General Motors and Jaguar Land Rover.Magna’s powertrain electrification portfolio is prepared to accommodate different customers in the transition from internal combustion vehicles, CEO Swamy Kotagiri said at the company’s CES press conference: “At Magna,…
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