Liberating the space once occupied by mechanical components — motors, drive shaft, gear reducer and more — opens up a new, unobstructed area on an electric powertrain.
The automotive parts business of LG Electronics racked up contracts totaling 8 trillion won ($6.1 billion) during the first half of the year, the company said Tuesday.
LG Magna e-Powertrain, a joint venture between LG Electronics and Magna International, has broken ground on a $100 million electric vehicle (EV) component plant in Mexico.
LG Magna e-Powertrain, an electric vehicle (EV) parts supplier joint venture between LG Electronics and Magna International, was officially launched Thursday.
LG Electronics shareholders approved the spin-off of an electric vehicle (EV) powertrain unit, part of a plan to set up a joint venture with Canadian automotive supplier Magna International.
Korea JoongAng Daily Sitemap