joint venture
Posted inVehicles
Daimler and Geely form 50-50 joint venture to develop smart electric vehicles
The vehicles will be assembled at a new purpose-built electric car factory in China
Posted inVehicles
Continental targets Middle East expansion with joint venture in Saudi Arabia and new warehouse facility in Dubai
Continental has opened its first office in Saudi Arabia in partnership with Almutlak Trade & Industries
Posted inVehicles
Daimler-BMW mobility joint venture postponed to 2019
With their joint venture, Daimler and BMW plan to combine their mobility services in the fields of car sharing, ride hailing, parking, charging and multimodality
Posted inPMV
Daimler and Geely form 50-50 joint venture in China to provide ride-hailing mobility services
The fleet initially will include Mercedes-Benz S-Class, E-Class and V-Class and Maybach vehicles and could be supplemented by premium electric vehicles of the Geely Group
Posted inSupplier/Partner
Mammoet enters Kazakhstan through joint venture
Mammoet-Kasmashal will predominantly provide services to the oil and gas, petrochemical, mining and wind energy sectors
Posted inMachinery
Cummins and JAC Motors form 50:50 joint venture
The JV will continue offering customers NS V diesel engines and focus on developing new products that meet NS VI standards
Posted inPlant
Renault to boost production capacity by 150,000 in Iran
XGroupe Renault plans to form a joint venture company with the IDRO and Negin Holding to establish a 150,000-capacity vehicle production plant in Iran
Posted inMachinery
Saudi: Trane, Dallah to build HVAC plant in KAEC
Trane and Dallah have signed a joint-venture agreement that will involve the development of a production facility in King Abdullah Economic City, Saudi Arabia
Posted inPlant
Work starts on Mexico plant for $1bn automaker JV
Daimler and Renault-Nissan Alliance have broken ground on their joint-venture manufacturing complex in Aguascalientes, Mexico