Magna's investment in Yuma Energy has reached $87 million as the Canadian auto supplier increases its majority stake in the Indian battery-swapping firm.
Magna increases bet on battery swapping in India with $35M for Yuma
Magna's investment in Yuma Energy has reached $87 million as the Canadian auto supplier increases its majority stake in the Indian battery-swapping firm.
Originally reported by TechCrunch
More like this
All Technology
‘If you build something vastly smarter than you, it better be on your side’: can we stop AI from deceiving us?
We are used to the idea that our fellow humans might intentionally mislead or manipulate us, but the idea that machine…
Lachy Groom backs Indian startup aiming to keep aircraft aloft for a year
Founded by a 20-year-old, Alteon is developing autonomous aircraft that hopes to harvest wind energy to stay aloft for…
Apple shares ‘shocking evidence’ against former employee accused of stealing company data for OpenAI
Apple says it has evidence that a former employee destroyed evidence of data theft after learning he was under investi…