Magna invests $77 million in India’s EV startup Yulu to enter micromobility market
Magna International Inc is investing $77 million in India's EV startup Yulu to enter the micromobility market, the Canadian auto parts supplier said on Sunday. Magna will own a stake and hold a seat on the board of the Bangalore, India based company, it said. The two companies have established…
bubmagSeptember 12, 2022