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LG Electronics Inc. (066570.KS)
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- Zacks
Magna (MGA), LG Electronics Enter Into JV to Bolster EV Strength
Magna (MGA) and LG Electronics announce a JV to launch a new Powertrain facility in Mexico. This is the JV's first foothold in North America.
- Reuters
Magna-LG Mexican plant to supply components for GM electric vehicles
The plant, which is being built by the LG Magna e-Powertrain joint venture, will make EV motors, inverters and on-board chargers. GM said a year ago that it planned to invest more than $1 billion in its Ramos Arizpe assembly plant, which will begin building EVs in 2023. GM's Ramos Arizpe plant currently builds the gasoline-powered Chevrolet Equinox and Blazer SUVs.
- FX Empire
LG Electronics To Venture in the Blockchain and Crypto Business
With South Koreans inclining towards crypto and blockchain, tech giant LG Electronics has officially updated its business goals to include them.
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