joint venture

Software is in the news again as the US startup Rivian inks a deal with Volkswagen to share cost-cutting enhancements for electric vehicles.

More Winning For Electric Vehicles: New $5 Billion Love Letter To Rivian From VW

By now, everyone knows that electric vehicles don’t really have a sales problem. What they have is the industry’s leading manufacturer hitting the skids, which is skewing sales figures overall. Meanwhile, other automakers are scrambling to fill the gap. That includes Volkswagen, which has just set the Intertubes on fire … [continued]

US and China Ink Cleaner-Coal Tech Transfer

GE and coal power plant operator Shenhua Group are among three pairs of companies who have inked deals to create joint ventures to build cleaner coal technology plants in China. [social_buttons] The $150 million joint venture will be shared between the two biggest carbon emitters in the world under a … [continued]