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
0
1
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
0
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
0
3
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
0
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
0
16
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
0
1
Electronics & Semiconductors
TSMC's new chip plant in Japan will help assure global supplies of the crucial hardware, the Taiwanese giant's founder Morris Chang said Saturday as the $8.6-billion factory was officially opened.
Feb 22, 2024
0
14
Business
A US federal judge on Tuesday ruled against JetBlue's $3.8 billion takeover of low-cost carrier Spirit Airlines, saying that the deal would reduce competition.
Jan 16, 2024
0
1
Business
The Walt Disney Company on Wednesday announced it will buy Comcast's $8.6 billion stake in Hulu, completing its takeover of the streaming service.
Nov 2, 2023
0
1
Business
British mobile phone giant Vodafone announced Tuesday the sale of its Spanish division to investment fund Zegona for up to 5.0 billion euros ($5.3 billion), as part of an ongoing overhaul.
Oct 31, 2023
0
1
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
