India Pistons has entered into a joint venture with Shaw Development - IPL Shaw Solutions Private Limited - to manufacturer diesel exhaust fluid solutions for heavy-duty vehicles and diesel engine manufacturers.

Ford Motor Company of Detroit, Michigan, USA and SK Innovation Inc, of Seoul, South Korea, part of SK Energy, have signed a Memorandum of Understanding (MoU) to create a joint venture company – to be called BlueOvalSK – to manufacture battery cells in the USA.

Toyota plans to establish a new joint venture in China with Beijing SinoHytec Company, called Toyota Sinohytec Fuel Cell Company, to manufacture hydrogen fuel cell systems to power electric vehicles.

As previously announced (T&BB March 2021), Volvo Group of Gothenburg, Sweden and Daimler Truck AG of Stuttgart, Germany have now created a new joint venture company designed to accelerate the use of hydrogen-based fuel cells for long-haul trucks and beyond.

Sterling and Wilson Pvt Ltd (SWPL) of Chennai - a Shapoorji Pallonji Group company and one of India’s leading engineering, procurement, and construction (EPC) companies - has announced that it is diversifying in the electric mobility segment in India through an agreement with Italian electric charging infrastructure company, Enel X of Rome, Italy, a subsidiary of the Enel Group.

Bosch Hydrogen Powertrain Systems (Chongqing) Co Ltd is the name of a new joint venture company, between Robert Bosch AG of Munich, and Chinese commercial vehicle manufacturer, Qingling Motors Co Ltd of Chongqing, Chongqing Province. The new JV has been established to develop, assemble and market fuel cell power modules for the Chinese market.

Seating specialist, Grammer AG of Ursensollen, Germany has agreed on another joint venture with FAW Group Corporation of Changchun, Jilin, China.

Daimler Truck and the Volvo Group have completed transactions allowing the formation of their previously announced fuel-cell joint venture.

Isuzu Motors Ltd, Hino Motors Ltd and Toyota Motor Corporation, have agreed on a new partnership in commercial vehicles.

Groupe Renault and Plug Power Inc have signed a Memorandum of Understanding to launch a 50-50 joint-venture based in France by the end of the first half of 2021.

The Yutong Group of Zhengzhou in December 2020 made a strategic investment of USD200m in WeRide, an autonomous driving technology start-up company.

Commercial vehicle manufacturer, Tata Motors Ltd is to acquire the 49% shareholding in Tata Marcopolo Motors Ltd, the Indian body building joint venture belonging to Brazilian bus body builder, Marcopolo SA, for a cash sum of USD13.88m.