DG Innovate Shares Rise on EVage Automotive Joint Venture

By MarketWatch   |   1 year ago
DG Innovate Shares Rise on EVage Automotive Joint Venture

DG Innovate's stock surged 39% following a joint venture announcement with EVage Automotive to produce e-drive motors. DG Innovate and EVage will establish Pareta India, with DG owning 60% and EVage 40%, manufacturing electric motors for various vehicles in India and internationally.

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