Joint Venture articles & resources on Made-in-China.com

BMW to Join Baidu's Open Autonomous Driving Platform Apollo

Jul 16, 2018

BMW has signed a memorandum of understanding (MoU) to join Baidu’s open autonomous driving platform Apollo as a board member. Both the firms plan to work together to bring safe and intelligent mobility experiences for Chinese ...

Tags: BMW, Autonomous Driving

Automotive Technology Firm Protean Electric Secures $40m New Equity Financing

Jun 11, 2018

Automotive technology company Protean Electric has completed a $40m equity investment as the initial closing of its Series E funding round. The investor group is led by Weifu High-Technology Group, a leading diversified automotive ...

Tags: Automotive technology, Equity Financing

Ford Smart Mobility and Zotye Auto Sign Mou to Set up EV Solutions JV

May 7, 2018

Ford Smart Mobility and Zotye Auto have signed a memorandum of understanding (MOU) to establish electric vehicle solutions joint venture (JV) for China’s ride-hailing market. The two car companies plan to supply ride-hailing fleet ...

Tags: Smart Mobility, Zotye Auto

Mercedes Benz Showcases a-Class L Sedan at Auto China 2018

Apr 28, 2018

Mercedes-Benz has premiered its new A-Class L Sedan at the Beijing International Automotive Exhibition (Auto China 2018). The notchback model being presented there features a 6 cm longer wheelbase (2789 instead of 2729 mm) and is a ...

Tags: Mercedes Benz, Auto China 2018

BMW, Daimler Agree to Merge Mobility Services Business Units

Apr 10, 2018

German automakers BMW and Daimler have agreed to merge their respective mobility services business units into a joint venture (JV) in which each company will hold a 50% stake. The agreement will bring together the companies’ ...

Tags: BMW, Daimler

Magna Forms Composite Liftgate JV with Chinese Automaker

Apr 4, 2018

Automotive parts supplier Magna International formed a joint venture (JV) in China to make composite liftgates for a global automaker’s crossover vehicle commencing in late 2018. The JV with Guangzhou Automobile Group (GAC) ...

Tags: Magna, Chinese Automaker

Danish Crown's Dat-Schaub Buys Majority Stake in Shanghai Natural Casing

Mar 30, 2018

Global meat processing company Danish Crown’s subsidiary DAT-Schaub has purchased a majority stake in Shanghai Natural Casing for an undisclosed price to expand its operations in China. The purpose of the acquisition is to gain ...

Tags: meat, meat processing

Saudi Arabia's NADEC to Acquire Al Safi Danone

Mar 27, 2018

National Agricultural Development Company (NADEC) has agreed to acquire 100% of Al Safi Danone (ASD) for an undisclosed price to consolidate its position in Saudi Arabian dairy market. ASD is a joint venture between the Saudi Arabia-based ...

Tags: NADEC, ASD

GM to Build Production Versions of Cruise AV at Michigan Assembly Plant

Mar 21, 2018

General Motors (GM) said that it will build production versions of its Cruise AV fully-autonomous vehicle at its Orion Township assembly facility in Michigan, US, The company will assemble roof modules for its self-driving vehicles at its ...

Tags: General Motors, Bolt EV

Groupe PSA to Set up Vehicle Assembly Facility in Namibia

Mar 19, 2018

French automaker Groupe PSA will build Peugeot and Opel vehicles in Walvis Bay, Namibia, in 2018. Groupe PSA and Namibia Development Corporation (NDC) have signed a joint-venture agreement to start the assembly plant. The vehicle ...

Tags: Groupe PSA, Opel vehicles

Mazda, Toyota Establish JV for $1.6bn Auto Manufacturing Plant in Alabama, US

Mar 13, 2018

Automakers Mazda and Toyota have established a new joint venture company to oversee the construction of a $1.6bn auto manufacturing plant in Alabama, US. The new JV firm, dubbed Mazda Toyota Manufacturing, U.S.A. (MTMUS), will shortly ...

Tags: Mazda, Toyota

Continental and CITC Partner on Hybrid Battery Systems

Mar 12, 2018

German automotive manufacturing firm Continental has agreed to establish a joint venture (JV) with China’s CITC to manufacture 48-volt battery systems. The companies, via their respective subsidiaries, will set up the JV for the ...

Tags: automotive, Continental

Net Savings Link Bottles China's First Hemp Beer

Mar 7, 2018

Net Savings Link has bottled China’s first hemp beer, Angry Tiger Beer. The firm is also in talks with a major hemp beer producer in the Netherlands regarding a potential partnership The launch of Angry Tiger Beer coincided with the ...

Tags: Net Savings Link, hemp beer

Daimler Mobility Services to Buy 25% Stake in Car2go Europe

Mar 7, 2018

Daimler Mobility Services said that it acquire the 25% stake in car2go Europe from joint venture partner Europcar Group. The acquisition means that following approval of the transaction by the relevant authorities, 100 percent of the ...

Tags: Daimler, Daimler Mobility Services

Industrial Packaging Firm Mauser Acquires Maschiopack North America

Mar 6, 2018

German industrial packaging firm Mauser Group has acquired the manufacturing assets of MaschioPack North America for an undisclosed amount. MaschioPack North America is engaged in manufacturing 275-gallon and 330-gallon Intermediate Bulk ...

Tags: industrial packaging

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