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Yulu raises $19.25 million from existing investors Magna and Bajaj Auto

Yulu, India's leading shared micro-mobility service provider has raised $19.25 million in equity funding from its existing strategic investors Magna and Bajaj Auto Ltd. The company...

CES 2024: E-mobility with digital, connected techs displayed in flair

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At the Consumer Electronics Show (CES) 2024 last week, the spotlight gleamed on the dazzling future of transportation – a symphony of electric mobility and connected car techn...

onsemi, Magna Invest in Silicon Carbide Manufacturing to tap global EV markets

Image for representation purposes only. Source: Magna

Image Power and sensing tech firm onsemi and autocomp firm Magna have announced a long-term supply agreement for Magna to integrate onsemi's EliteSiC intelligen...

LG Magna e-Powertrain setting up a new manufacturing facility in Mexico

LG Magna e-Powertrain, a joint venture between LG Electronics and Magna International, has announced a new electric powertrain manufacturing plant in Ramos Arizpe, Mexico. This is ...