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NEWS TAGGED JOINT VENTURE
Monday 19 August 2024
Automakers continue to adjust business in China; supply chain prepares backup plan
In recent years, business for joint venture automakers in the Chinese market is no longer smooth sailing, facing increasing challenges. As a result, many have adjusted their local...
Thursday 8 August 2024
Indian Motherson reportedly to form JV with BIEL in supplying iPhone glasses
India-based automotive component supplier Motherson Group is reportedly set to form a joint venture with Hong Kong-based BIEL Crystal Manufactory in Tamil Nadu, where Apple suppliers...
Thursday 1 August 2024
Toyota signs MoU to build an EV plant in Maharashtra amid increasing Japanese investment in India
Toyota's Indian joint venture has signed a Memorandum of Understanding (MoU) to establish a new low-emission vehicle plant in India. This move aligns with the growing trend of Japanese...
Wednesday 24 July 2024
NXP doubts Tier-1 auto customer inventory policies, details new JV with VIS
NXP reported that its performance was affected by its customers' inventory management practices. Despite this, the company expressed strong confidence in its joint venture with Taiwan-based...
Thursday 18 July 2024
Chinese PV companies flock to Middle East with new projects
Chinese firms in the solar power industry are accelerating their expansions into the Middle East, establishing an ecosystem covering both upstream and downstream sectors.
Thursday 11 July 2024
SK On partners with Nissan to fuel EV battery supply chain
South Korea's SK On is gearing up to power Japan's Nissan in a groundbreaking Electric Vehicle (EV) battery supply collaboration. This strategic alliance aims to bolster Nissan's...
Monday 1 July 2024
Global telecom giants unite to develop multilingual telco AI models serving 1.3 billion users across 50 countries
The Global Telco AI Alliance (GTAA), composed of Deutsche Telekom (DT), e&, Singtel, SoftBank, and SK Telecom, has established a joint venture focused on developing multilingual...
Monday 1 July 2024
Volkswagen, SAIC maintain deep ties with agreements to co-develop five EV models
The Volkswagen Group, one of the major foreign automakers operating in China, signed multiple new energy technology cooperation agreements with the SAIC Group on June 27.
Thursday 27 June 2024
Corning breaks ground for first Indian cover glass facility
Corning has held a groundbreaking ceremony for its new cover glass facility in Tamil Nadu, with operations scheduled to commence by mid-2025. This marks a significant expansion of...
Wednesday 26 June 2024
Volkswagen to invest US$5 billion in Rivian, forming EV software JV
Volkswagen Group and US-based Rivian announced on June 25 that the former will invest up to US$5 billion in the emerging EV maker. The pair will also establish a joint venture focusing...
Tuesday 25 June 2024
Dongfeng Nissan shifts toward EVs as it closes one gasoline car plant
Nissan Motor recently announced that Dongfeng Nissan, its joint venture in China, had shut down production at a facility in Changzhou last week. The act was part of Nissan's efforts...
Thursday 6 June 2024
TSMC to help VIS develop JV fab in Singapore, says VIS chair
Vanguard International Semiconductor (VIS) has reached an agreement with NXP Semiconductors to establish a 12-inch joint venture fab in Singapore, and the development of the JV fab...
Wednesday 5 June 2024
NXP, VIS team up for 300nm JV fab in Singapore
NXP Semiconductors and Taiwan-based specialty IC foundry Vanguard International Semiconductor (VIS) have announced plans to create a manufacturing joint venture, VisionPower Semiconductor...
Thursday 16 May 2024
Stellantis forms JV with Leapmotor, EU likely to put punitive tariffs on Chinese EVs
European automaker Stellantis has deepened ties with its Chinese partner Leapmotor.
Friday 3 May 2024
Foxconn, ZF establish car chassis system joint venture
Foxconn has invested in critical EV components and modules, in addition to vehicle manufacturing, to scale its EV venture. Its partner ZF Group, one of the leading automotive suppliers,...