JV

The new family of fully electric vans equipped with SDV will be introduced by the new company.Following the joint venture binding agreements signed on October 6t, 2023, Renault Group and Volvo Group have obtained the required regulatory approvals to officially launch the new company for the next generation of fully electric vans based on a Software Defined Vehicle (SDV) platform and its dedicated services.The new company will address the growing needs of decarbonized and…

This collaboration brings two best-in-class companies together to further advance the state-of-the-art technologies in power electronics for the automotive industry.Visteon, a global technology leader at the forefront of driving digitalization and electrification trends in the mobility industry, has created a Michigan-based joint venture with Shinry Technology Companies Ltd., a China-based Tier 1 supplier specializing in charging and distribution solutions for new energy…

Mumbai-based IT services provider LTIMindtree has picked up 51% controlling stake in a new joint venture (JV) formed with Global Digital Integrated Solutions Company, a wholly owned subsidiary of oil firm Saudi Aramco, to provide information technology services in the Middle East and North Africa (MENA) region.LTIMindtree, India’s sixth largest IT services firm by revenue, will make an initial investment equivalent to $12.3 million (about Rs 101.96 crore), in one or more tranches, the company said in a regulatory filing…

The new JV plant will produce valve blocks for Continental’s Electronic Brake Systems (EBS) in India.New Delhi: In line with the strategy of ‘in the Market, for the Market’, technology company Continental has Friday inaugurated a new plant in Gurugram, together with its joint venture partner Nisshinbo Holdings.The Joint Venture (JV) was announced early last year, with Continental holding 40% share and Nisshinbo 60%. The new JV plant will produce valve blocks for…

Watergen, an Israel-based company that generates drinking water from the air, today announced its strategic joint venture with SMV Jaipuria Group to bring its global patented technology to India. Through this partnership, the entities will introduce its Atmospheric Water Generators (AWG) product categories in India that creates mineralized, safe-drinking water out of ambient air.  The companies shared their plans to launch a manufacturing unit in India within a year of starting…