IN BRIEF: DG Innovate rises as forms India joint venture for e-drives
DG Innovate PLC - Bingley, England-based developer of sustainable mobility and energy storage technology - Signs joint venture agreement with EVage Automotive Pvt Ltd, an electric vehicle maker in India, to manufacture a range of DG Innovate's Pareta e-drives. The final agreement follows a memorandum of understanding signed back in March. The JV will be called Pareta India. It will be 60% owned by DG Innovate and 40% by EVage. Read More