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
Energy & Green Tech
Belgium has agreed a deal with French energy firm Engie on extending the life of two nuclear reactors for a decade, the two sides said on Monday.
Jan 9, 2023
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11
Automotive
German automaker Mercedes-Benz said Monday it planned to inject more than one billion euros into a new plant in Poland dedicated to building fully electric vans.
Dec 12, 2022
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12
Energy & Green Tech
The UK's efforts to become a global player in electric vehicles (EVs) are back in the spotlight with two government announcements: a £500 million loan guarantee for Ford and a £73 million package to support various smaller ...
Dec 8, 2022
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29
Business
Uber users in Las Vegas can now ride in fully autonomous vehicles, as the ride-hailing app on Wednesday began its partnership with Motional, a driverless technology company.
Dec 7, 2022
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5
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
