TotalEnergies SE and SSE plc announced on Tuesday that they agreed to create a joint venture dubbed Source, which will focus on bringing electric vehicle (EV) chargers to the United Kingdom and Ireland.Spurce is set to deploy up to 3,000 high power charge points in both countries within the next...
Renault SA announced on Wednesday that French shipping and logistics company CMA CGM joined Flexis SAS, the joint venture (JV) created by the French carmaker and the Volvo Group in March with the aim to focus on electric vans.CMA CGM acquired a 10% stake in the joint venture through its...
Stellantis NV announced Monday that it is terminating its joint venture with Chinese carmaker GAC "due to a lack of progress."
"Stellantis intends to cooperate with GAC Group in an orderly termination of the joint venture formed in March 2010, which has been loss-making in recent years, and will...
Thyssenkrupp AG announced on Thursday it signed a memorandum of understanding (MoU) with Japanese industrial group NSK to explore the possibility of creating a joint venture (JV) in the automotive business.
"Our clear goal is to lead all our businesses to a top-three position in the market,"...
The biggest crude exporter in the United States Trafigura Group Pte. Ltd. announced on Friday it formed a joint venture with Phillips 66, the fourth largest US refiner, to build an offshore deepwater port some 21 nautical miles east of the entrance to the Port of Corpus Christi in Texas.
The joint...
Airbus SE is in talks to buy Bombardier's 34% stake in their joint venture which is focused on the development and manufacturing of the Airbus A220 commercial jetliners, the Wall Street Journal reported on Friday citing sources familiar with the matter.
According to the report, the deal between the...
Pharmaceutical giant GlaxoSmithKline Plc. (GSK) offered concessions to the European Union authorities after European antitrust regulators expressed concerns over GSK's joint venture deal with Pfizer Inc, the European Commission said in a filing on Thursday. According to the document, the European...
Toyota Motor Corporation and Panasonic Corporation announced on Tuesday they reached an agreement to establish a joint venture to deal with development, production, distribution, and order receipt of automotive prismatic lithium-ion batteries, solid-state batteries, and next-generation...
BMW Group announced on Wednesday that its mobility joint venture with Daimler AG received regulatory approval in the United States on Tuesday, opening the door for the transaction to be finalized by the end of January.
The statement from the company said that the aim of the joint venture is to...
Pharmaceutical giants GlaxoSmithKline plc and Pfizer Inc. have announced on Wednesday they are starting a joint venture to create a "premier global consumer healthcare company." According to the terms of the deal, Pfizer will hold 32% of the equity in the new firm, and a right to appoint three out...
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