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Joint Venture

Daimler Truck, Volvo Group Form Fuel Cell Joint Venture

In a bold move, Daimler Truck AG and the Volvo Group agreed to join forces in an effort to speed up the development, establishment and acceptance of fuel cell vehicles – at a time when much of the focus on electric trucks among legacy truck makers has been on battery-electric solutions.

GM, Honda Partner on EV Battery Development

Under the agreement, the companies would develop advanced chemistry compounds, including the cell and module, to accelerate development of the future battery-electric vehicles.

Toyota, Mazda Choose Alabama for Site of New Plant

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.

Ford Enters Joint Venture for China EVs

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.

FCA, BMW Target 2021 for Fully Autonomous Vehicle

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.

Volvo, Geely Form EV Tech Sharing Companies

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.