LG and Magna could help bring the long-rumored Apple Car to production
Apple supplier LG Electronics and Canadian manufacturing powerhouse Magna International are apparently “very near” to signing a manufacturing deal that would help bring the long-rumored Apple Car to production, according to a new report. STORY HIGHLIGHTS: LG and Magna could build the Apple Car LG Electronics and Magna International recently formed a joint venture focused on building electric motors, inverters and onboard chargers. Dubbed “LG Magna e-Powertrain” and valued at approximately $1 billion, this partnership is currently pending approval from LG shareholders, according to a press release on theMagna website....