UPDATE 1-Magna, Ontario team up on green autos

Newswire

* Ontario to invest C$48.4 mln of C$432 mln total * Province wants to be center of green auto technology (Adds figures, project details) TORONTO, Aug 29 (Reuters) - Magna International and the province of Ontario will invest C$432 million ($441 million) over six years to develop electric vehicle technologies. The Canadian province, the center of Canada's auto industry, will contribute C$48.4 million to the total, a government spokesman said on Monday. The funding will go towards ...

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