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Motherson Group to set up EV part JV with South Korea’s Egtronics
Several South Korean media sources reported that South Korea’s Egtronics Co., Ltd. will establish a joint company with India’s Motherson Group to fully enter the electric vehicle (EV) parts market in India. The JV will be headquartered in Noida, Uttar Pradesh, India, and owned 51% by Motherson and 49% by Egtronics. W....
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