மாக்னா ப்ரெஸிடெஂட் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Stay updated with breaking news from மாக்னா ப்ரெஸிடெஂட். Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Top News In மாக்னா ப்ரெஸிடெஂட் Today - Breaking & Trending Today

Magna Gold Fast-Tracking Million-Ounce Former Gold Mine in Mexico Toward Production

Magna Gold Fast-Tracking Million-Ounce Former Gold Mine in Mexico Toward Production
streetwisereports.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetwisereports.com Daily Mail and Mail on Sunday newspapers.

Sierra Madre , San Francisco , United States , Cerro Colorado , La Herradura , United Kingdom , Sierra Madre Occidental , Mexico General , Los Muertos , San Luis Potosíx , San Francisco Mine , British Columbia , Sierra Madre Del Sur , La India , La Colorada , Los Gatos , Sierra Madre Oriental , Nuevo Leóx , San Judas , La Pima , Richard Mills , Rick Mills , Hong Kong Herald , Ambientey Recursos Naturales , Arturo Bonillas , El Chanate Alamos ,

Apple Inc. (NASDAQ:AAPL), Magna International, Inc. (NYSE:MGA) - LG Forms Electric Vehicle-Focused Joint Venture With Magna

Magna International Inc (NYSE: MGA), the two companies announced Monday.
What Happened: The joint venture will manufacture automobile components like e-motors, inverters, onboard chargers, etc, and focus exclusively on the EV segment. According to Reuters, the joint venture, under the tentative name LG Magna e-Powertrain, could reach a valuation of approximately $1 billion. LG will control a 51% majority, and Magna will own the remaining 49% of the JV.
Reportedly, the collaboration will house over 1000 employees across LG’s locations in the U.S., South Korea, and China. Although the deal is yet to be approved by LG’s shareholders, the company expects to close the agreement sometime in July next year. ....

South Korea , South Korean , Swamy Kotagir , Lg Corp , Lg Chem Ltd , Magna International Inc , Lg Electronics Ltd , Apple Inc , Tesla Inc , Does It Matter , Magna President , தெற்கு கொரியா , தெற்கு கொரியன் , எல்ஜி கார்ப் , எல்ஜி செம் லிமிடெட் , மாக்னா சர்வதேச இன்க் , எல்ஜி மின்னணுவியல் லிமிடெட் , ஆப்பிள் இன்க் , டெஸ்லா இன்க் , செய்யும் அது விஷயம் , மாக்னா ப்ரெஸிடெஂட் ,

LG and Magna Enter Joint Venture Agreement to Expand in Powertrain Electrification Market

Press release content from Globe Newswire. The AP news staff was not involved in its creation.
LG and Magna Enter Joint Venture Agreement to Expand in Powertrain Electrification Market
Magna International Inc.; LG ElectronicsDecember 23, 2020 GMT
SEOUL, Korea and AURORA, Ontario, Dec. 22, 2020 (GLOBE NEWSWIRE) LG Electronics (“LG”) and Magna International Inc. (“Magna”) announced a joint venture (JV) to manufacture e-motors, inverters and on board chargers and, for certain automakers, related e-drive systems to support the growing global shift toward vehicle electrification. The new company, tentatively called LG Magna e-Powertrain, marries Magna’s strength in electric powertrain systems and world class automotive manufacturing with LG’s expertise in component development for e-motors and inverters, accelerating both partners’ growth in the electric powertrain market. ....

Soult Ukpyolsi , South Korea , United States , Tracy Fuerst , Kim Jin Yong , Ken Hong , Scott Sim , Louis Tonelli , Swamy Kotagiri , York Stock Exchange , Magna Global Corporate Communications , Magna International Inc , Lg Global Corporate Communications , Globe Newswire Lg Electronics , Business Solutions , Lg Electronics Vehicle Component Solutions Company , Toronto Stock Exchange , Lg Electronics Inc , Lg Electronics , Magna International , Chevrolet Bolt , Magna President , Vehicle Component Solutions , Vice President , Magna Investor Relations , Home Appliance ,

Magna Dives Deeper Into Electric Vehicles. The Market Applauds.

“This partnership fully aligns with our strategy of being at the forefront of electrification and supporting auto makers with a diverse and world-class portfolio,” said Magna President and incoming CEO Swamy Kotagiri in the company’s news release. “By combining our strengths, we expect to gain investment efficiency and speed to market with synergies to achieve more, all while continuing to capitalize on the acceleration of the electrified powertrain market.”
The news release also references “certain auto makers.” LG works with
General Motors
(GM) and Jaguar, but it isn’t clear how many new customers the proposed joint venture has. Those two will likely be JV customers. The new partnership should allow LG and Magna to further expand their customer base beyond what either could do alone. ....

David Ramos Getty , Swamy Kotagiri , Magna International , Lg Electronics , Getty Images , Dow Jones Industrial Average , Magna President , General Motors , Wall Street , டேவிட் ராமோஸ் கெட்டி , சுவாமி கோட்டகிரி , மாக்னா சர்வதேச , எல்ஜி மின்னணுவியல் , கெட்டி படங்கள் , டோ ஜோன்ஸ் தொழில்துறை சராசரி , மாக்னா ப்ரெஸிடெஂட் , ஜநரல் மோட்டார்கள் , சுவர் தெரு ,