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Zotye Ford Automobile Co., Ltd., a new 50/50 joint venture, will offer a range of battery-electric vehicles for consumers in China under a new indigenous brand, Ford announced.
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A joint venture between BMW AG, Daimler AG, Ford, and Volkswagen looks to develop high-power charging networks for electric vehicles across Europe.
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Fiat Chrysler is speeding up its bid to develop autonomous driving technology, by signing on to a joint venture with the BMW Group, Intel Corp. and Mobileye that's expected to lead to a fully autonomous production vehicle by 2021.
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Volvo Cars and its parent, Geely Holding, have formed two entities to share existing and future technology to help accelerate the development of electrified vehicles for Geely vehicles in China and Volvo cars.
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The plant is a $1.6 billion investment, with equal funding contributions between both parties. The estimated annual production capacity of the plant is approximately 300,000 units. The plant is also predicted to create an estimated 4,000 jobs.
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Volkswagen South Africa is in talks with Rwanda to open a joint-venture assembly plant with the Rwandan government in the country. VW could start vehicle assembly in Rwanda by the end of 2017.
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Renault Trucks has commenced construction of an assembly plant in Meftah, Algeria, where it will assemble C and K range vehicles for the local market.
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The Volkswagen Group and LG Electronics are working together to research and develop a next-generation connected car platform.
Read More →Cummins Inc. and The Olayan Group have announced the formation of Cummins Arabia, a 50-50, three-country distribution joint venture company in the Middle East.
Read More →As part of the joint venture between Dongfeng and Renault, Dongfeng Renault Automotive Company (DRAC) will produce an electric vehicle that is based on the Fluence Z.E.
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