GM, Korea's LG Chem in venture to build factory in Ohio
General Motors and Korea's LG Chem have formed a joint venture to build an electric vehicle battery cell factory near Lordstown, Ohio, east of Cleveland.
Dec 5, 2019
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Automotive
Page 15 - News tagged with venture
Business
Oracle and TikTok struck a deal. What it is, none will say
The short-video app TikTok has chosen Oracle as its corporate savior to avoid a U.S. ban ordered by President Donald Trump. The U.S. government will review the prospective deal.
Sep 15, 2020
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Business
Nasdaq, large banks unveil exchange for private stock sales
Nasdaq announced Tuesday that it is replacing its exchange for companies that are not publicly traded, with a joint venture that will receive financing from Goldman Sachs and other financial heavyweights.
Jul 20, 2021
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Automotive
Fiat Chrysler swings to loss as virus hits production, sales
Fiat Chrysler Automobiles on Tuesday reported a first-quarter net loss of 1.7 billion euros ($1.84 billion) due to a steep decline in car sales triggered by the coronavirus pandemic, and said the impact on the second-quarter ...
May 5, 2020
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Automotive
Renault touts 'warm' Nissan ties as pair review alliance
There is a "warm atmosphere" within the Renault-Nissan alliance and a deal regarding its future will be announced "in due time", the French carmaker's chairman said Tuesday.
Nov 15, 2022
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Automotive
Ford unveils venture with chip company to boost supply
Ford announced Thursday a "strategic collaboration" with chip company GlobalFoundries to bolster its supply of semiconductors as the automaker grapples with a global shortage of the crucial components.
Nov 18, 2021
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Automotive
Ford-backed electric battery venture approved for $9.2bn US loan
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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Business
Uber's stock surges on positive trends despite big Q2 loss
Uber's effort to meld its pioneering ride-hailing service with food and freight delivery showed progress during the past quarter even though the company sustained a huge loss stemming from a sharp decline in its outside investments.
Aug 2, 2022
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Energy & Green Tech
Hydrovolt to open battery recycling facility in France
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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Business
JetBlue to end American Airlines joint venture after court ruling
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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