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This partnership with Volkswagen is expected to build on Rivian's software and electrical architecture to create an SDV technology platform.
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Hyundai Motor Group has teamed up with LG Energy Solution to build an electric vehicle (EV) battery cell manufacturing joint venture (JV) with US$1.1bn investment in Indonesia. LG Energy, The Hyundai battery partnership will boost Indonesia strategic presence in EV market.
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The joint venture will see Renault-branded hybrid vehicles being sold in China, but manufactured using Geely’s facilities, supply chains, and technologies. Geely’s most significant brands, joint ventures and OEM relationships include Volvo Cars, Polestar, Proton, Lotus, LEVC, Daimler, Smart, Volvo Trucks and now Renault.
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The joint venture will see Renault-branded hybrid vehicles being sold in China, but manufactured using Geely’s facilities, supply chains, and technologies. Geely’s most significant brands, joint ventures and OEM relationships include Volvo Cars, Polestar, Proton, Lotus, LEVC, Daimler, Smart, Volvo Trucks and now Renault.
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The company has invested in and is working with a number of battery suppliers to secure capacity and scale delivery for next-generation Ford and Lincoln battery electric vehicles.
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The autonomous driving joint venture between Hyundai Motor Group and Aptiv will be named Motional, which seeks to provide fully driverless systems for fleet operators by 2022.
Read More →The chairman for Ford of Europe has been named president of the Changan Ford joint venture in China following the retirement of the venture’s current president.
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Under the agreement, the companies would develop advanced chemistry compounds, including the cell and module, to accelerate development of the future battery-electric vehicles.
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The new mobility JV will work closely with the Zotye-Ford manufacturing JV, which will build a range of stylish and affordable all-electric vehicles for consumers in China under a new indigenous brand, pending regulatory approval.
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Toyota and Mazda have selected Huntsville, Ala., as the site for their joint-venture manufacturing plant, which represents $1.6 billion investment that Mazda and Toyota plan to make with equal funding contribution.
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