Automotive
US-European auto giant Stellantis, whose brands include Jeep, Fiat and Peugeot, reported Wednesday a record net profit in the first six months of the year, boosted by higher prices for its vehicles.
Jul 26, 2023
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5
Energy & Green Tech
The announcement Wednesday that seven major automakers are joining to build a large North American electric vehicle charging network should pull people off the sidelines to at least consider shifting away from gas-powered ...
Jul 26, 2023
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12
Business
Thyssenkrupp's green hydrogen unit Nucera made a strong debut on the Frankfurt stock exchange Friday, amid growing interest in the technology as an alternative to fossil fuels.
Jul 7, 2023
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14
Business
JetBlue said Wednesday it will wind down an alliance with American Airlines rather than challenge a US court ruling that determined the joint venture was anti-competitive.
Jul 6, 2023
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1
Energy & Green Tech
Wearing a white lab coat and with a gas mask within reach, Ole Jorgen Gronvold measures the humidity of an intriguing dark powder touted as the planet's next "black gold".
Jun 30, 2023
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47
Automotive
A Ford joint venture to build three new electric vehicle battery plants is set to receive up to $9.2 billion in US federal loans under a program backed by President Joe Biden, officials announced Thursday.
Jun 22, 2023
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4
Electronics & Semiconductors
Taiwan's tech giant Foxconn and US-European carmaker Stellantis announced Tuesday that they have set up a joint venture to design and sell high-end automotive chips.
Jun 20, 2023
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25
Consumer & Gadgets
Six Flags Magic Mountain visitors will soon have one less line to wait in and more time to spend riding roller coasters when a new Amazon-powered grab-and-go cashierless shop opens at the Valencia amusement park.
May 29, 2023
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20
Automotive
Automaker Stellantis on Wednesday reported its earnings grew in 2022 from a year earlier and said its push into electric vehicles led to a jump in sales even as it faces growing competition from an industrywide shift to more ...
Feb 22, 2023
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3
Automotive
Software was a big theme for automakers attending CES 2023 in January. BMW, Stellantis, Volkswagen and a joint venture between Honda and Sony showed off upcoming or concept vehicles that are significantly reliant on computers ...
Jan 25, 2023
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6
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
