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Magna with Ontario launched a six-year cooperation project for electric cars

     According to Reuters, Magna International Inc. will jointly invest in Ontario with 432 million Canadian dollars (4.41 billion U.S. dollars), launched a six-year cooperation project of electric vehicles.

    glue stick According to official sources, the fund, the Ontario invested $ 48.4 million Canadian dollars, the fund is mainly used for development of electric cars, electric car parts, components and lightweight materials and alternative energy.

     Ontario, glue gun Canada as the center of the automotive industry, plans to introduce environmental technology R & D investment to reduce greenhouse gas emissions in the local and create more jobs, but also can keep their parts in the automotive industry and automotive area leading position.

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