LG Magna e-Powertrain to Build EV Parts Factory in Hungary

BERLIN, Sept. 4 (Korea Bizwire) – LG Magna e-Powertrain, LG Electroincs’ joint venture with Canadian auto parts maker Magna International Inc., said Monday it will build an electric vehicle (EV) components factory in Hungary. The new 26,000-square-meter production base, the company’s first in Europe, will be built in the northeastern city of Miskolc by 2025, [...]