Tag: joint venture

Industry Focus Areas, Motorized Vehicle

Hyundai Motor Group, Aptiv to create $4 billion self-driving JV

September 23, 2019

Via: Automotive News

SEOUL — South Korea’s Hyundai Motor Group and auto technology supplier Aptiv said on Monday they are creating a 50-50 autonomous driving joint venture valued at $4 billion. This marks the biggest bet made by Hyundai Motor Group, which is […]

Industry Focus Areas, Motorized Vehicle

Rheinmetall and BAE Systems launch military vehicle joint venture

July 5, 2019

Via: Manufacturing Global

Rheinmetall BAE Systems Land (RBSL) is based in Telford in the United Kingdom, with the joint venture focused on the design, manufacture and support of military vehicles. UK Defence Secretary Penny Mordaunt said: “This announcement is a clear vote of […]