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Magna invests in Yulu Mobility

Magna is expanding into the micro-mobility market by investing $77 million in Yulu, India’s largest electrified scooter-sharing provider, and creating a battery-swapping service joint venture. Yulu is known for its shareable, low-speed, electric two-wheelers, which the company says it uses to facilitate accessible, sustainable urban mobility in India. As part of the agreement, Magna will […] More…

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