Swedish start-up Northvolt Wednesday announced it had secured funding, in large part from Volkswagen, for Europe's biggest car battery factory, set to rival electric carmaker Tesla's US "Gigafactory".
Energy & Green Tech
Jun 12, 2019
2
16
Japanese automaker Toyota and electronics giant Panasonic are forming a joint venture combining their housing businesses in Japan to showcase technologies such as connected cars and the internet of things.
Business
May 09, 2019
0
9
Japanese car giant Toyota and investment fund SoftBank Vision Fund on Friday unveiled an investment of $1 billion in US company Uber to drive forward the development of driverless ridesharing services.
Business
Apr 19, 2019
0
13
Germany's BMW will recall 360,000 vehicles in China as part of the worldwide effort to root out defective airbags made by now-defunct Japanese supplier Takata, regulators in Beijing said.
Automotive
Apr 17, 2019
0
10
Chancellor Angela Merkel on Tuesday officially opened a massive wind farm in the Baltic Sea, calling it a project of "national significance" for Germany's "energy transition" towards renewables.
Energy & Green Tech
Apr 16, 2019
3
42
Mercedes-Benz maker Daimler and Chinese auto giant Geely announced plans Thursday to develop the next generation of electric Smart cars to be made in China in a joint venture.
Automotive
Mar 28, 2019
0
6
Japanese automakers Honda and Hino are joining a partnership between SoftBank and Toyota for mobility service innovation such as self-driving cars.
Business
Mar 28, 2019
0
5
US carmaker Ford will close three of the four factories of its Russian joint venture after deciding to stop making passenger cars in a country where car sales have slumped in recent years, the company said Wednesday.
Automotive
Mar 27, 2019
0
5
Blockchain as a technology is seeing tremendous innovation and is impacting almost all industries from supply chain to gaming and, perhaps the most recognizable, cryptocurrency.
Internet
Mar 18, 2019
0
11
Ailing no-frills British airline Flybe on Wednesday rejected a counterbid and repeated its backing for a takeover from a consortium led by Britain's Virgin Atlantic.
Business
Feb 20, 2019
0
4
A joint venture (often abbreviated JV) is an entity formed between two or more parties to undertake economic activity together. The parties agree to create a new entity by both contributing equity, and they then share in the revenues, expenses, and control of the enterprise. The venture can be for one specific project only, or a continuing business relationship such as the Fuji Xerox joint venture. This is in contrast to a strategic alliance, which involves no equity stake by the participants, and is a much less rigid arrangement.
The phrase generally refers to the purpose of the entity and not to a type of entity. Therefore, a joint venture may be a corporation, limited liability company, partnership or other legal structure, depending on a number of considerations such as tax and tort liability.
This text uses material from Wikipedia, licensed under CC BY-SA
