Magna enters the micromobility and battery swapping market

Magna International, a Canadian mobility technology company that builds sensor-based systems for cars like driver monitoring systems and advanced driver assistance systems (ADAS), is entering the micromobility market. The company invested $77 million in Yulu, an Indian shared micromobility operator, and plans to jointly launch a battery swapping service company. Magna’s investment is part of […] Magna enters the micromobility and battery swapping market by Rebecca Bellan originally published on TechCrunch...