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Joint Venture

In a bold move, Daimler Truck AG and the Volvo Group agreed to join forces in an effort to speed up the development, establishment and acceptance of fuel cell vehicles – at a time when much of the focus on electric trucks among legacy truck makers has been on battery-electric solutions.

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GM, Honda Partner on EV Battery Development

Under the agreement, the companies would develop advanced chemistry compounds, including the cell and module, to accelerate development of the future battery-electric vehicles.

Ford Enters Joint Venture for China EVs

Zotye Ford Automobile Co., Ltd., a new 50/50 joint venture, will offer a range of battery-electric vehicles for consumers in China under a new indigenous brand, Ford announced.

Volvo, Geely Form EV Tech Sharing Companies

Volvo Cars and its parent, Geely Holding, have formed two entities to share existing and future technology to help accelerate the development of electrified vehicles for Geely vehicles in China and Volvo cars.

Renault, Dongfeng to Produce EV in China

As part of the joint venture between Dongfeng and Renault, Dongfeng Renault Automotive Company (DRAC) will produce an electric vehicle that is based on the Fluence Z.E.

Smith EV Returns with Chinese Funding

Smith Electric Vehicles is returning to the U.S market after it announced an agreement to form a joint venture with Hong Kong-based FDG Electric Vehicles.