Energy & Green Tech
The maker of a massive wind turbine blade that broke apart off Nantucket Island and washed up on the beaches says a manufacturing problem was responsible.
Jul 25, 2024
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Automotive
Nissan tumbled more than 10 percent on Thursday after the Japanese automaker issued a profit warning, citing "intense sales competition", especially in the United States.
Jul 25, 2024
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Business
Germany's Bosch said Tuesday it planned to buy heating, ventilation and air conditioning assets from Johnson Controls International, in an $8-billion acquisition it called "the biggest" in the group's history.
Jul 23, 2024
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Energy & Green Tech
Three events Wednesday highlighted the uneven progress of the offshore wind industry in the Northeast, including the start of a major project in New York, research aimed at preventing environmental damage in New Jersey, and ...
Jul 18, 2024
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4
Energy & Green Tech
Indonesia launched its first electric vehicle battery plant on Wednesday, President Joko Widodo said, as Southeast Asian countries move to gain a foothold in the emerging industry.
Jul 3, 2024
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Energy & Green Tech
Norwegian battery recycling firm Hydrovolt said Tuesday that it will expand internationally by opening a facility in France, boosting a nascent hub for producing electric vehicle batteries.
Jul 2, 2024
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3
Automotive
Shares of Rivian soared 40% before markets opened Wednesday after Volkswagen vowed to invest $1 billion in the struggling electric vehicle maker immediately, and a potential total of up to $5 billion as part of a software ...
Jun 26, 2024
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Automotive
German auto giant Volkswagen will invest $5 billion in US electric vehicle maker Rivian and create a joint venture expected to produce technology used by both automakers, the companies announced Tuesday.
Jun 26, 2024
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9
Electronics & Semiconductors
An affiliate of Taiwan chip titan TSMC has joined Dutch chip maker NXP to announce plans to build a new US$7.8 billion factory in Singapore to make processors for the auto and mobile end markets.
Jun 6, 2024
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Business
Japan's Rapidus project that brings together some of the world's biggest companies is the "last opportunity" to put the country's once-dominant semiconductor sector back on the global map, its chairman warned.
May 17, 2024
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A joint venture (often abbreviated JV) is an entity formed between two or more parties to undertake economic activity together. The parties agree to create a new entity by both contributing equity, and they then share in the revenues, expenses, and control of the enterprise. The venture can be for one specific project only, or a continuing business relationship such as the Fuji Xerox joint venture. This is in contrast to a strategic alliance, which involves no equity stake by the participants, and is a much less rigid arrangement.
The phrase generally refers to the purpose of the entity and not to a type of entity. Therefore, a joint venture may be a corporation, limited liability company, partnership or other legal structure, depending on a number of considerations such as tax and tort liability.
This text uses material from Wikipedia, licensed under CC BY-SA
