LG and Magna sign JV agreement for LG Magna e-Powertrain
Green Car Congress
JULY 29, 2021
LG Electronics and Magna International signed the transaction agreement which establishes a joint venture between the two companies ( earlier post ). The new company, to be called LG Magna e-Powertrain, is headquartered in Incheon, South Korea. Javier Perez, who has been with Magna since 2016, will be the new company’s COO.
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