The French tyre manufacturer has acquired complete ownership of joint-venture firm Royal Lestar Utama, launched in 2015 to develop sustainable production of natural rubber in Indonesia.

Smart battery systems for sustainable electromobility, Forsee Power SAS of Paris has acquired shares in NEoT Capital from Mitsubishi Corporation giving it joint ownership with EDF.

The car and van manufacturing corporation has entered into a binding agreement with Samsung SDI to establish a joint-venture battery manufacturing facility in Kokomo, Indiana, USA for powering electric vehicles. 

Symbio has announced the establishment of 'Innoplate' with the German rolling element bearings manufacturer - a joint venture for the production of metallic bipolar plates, a key component in hydrogen fuel cell stacks for electric vehicles. 

Shell plc, now headquartered in London, UK, and BYD Auto Co Ltd of Shenzhen, China, have signed a cooperation agreement focusing on the supply of electric vehicle charging infrastructure across Europe and China. As part of the agreement, the two firms will also establish a joint venture to develop EV charging networks in China.

Knorr-Bremse AG, based in Munich, Germany, has announced it is to acquire the stake of Robert Bosch GmbH of Stuttgart in its European and Japanese commercial vehicle business.

Ford Motor Co, based in Dearborn, Michigan, USA, SK On Co Ltd, based in Seoul, South Korea, and Koç Holding, based in Istanbul, Turkey, have signed a memorandum of understanding for a new joint venture in Turkey. The proposed JV would lead to the creation of one of the largest commercial vehicle electric battery facilities in the European region.

Ceres Power Holdings plc, based in Horsham, UK, and Weichai Power Co of Weifang, Shandong, have announced that they have signed a non-binding agreement with Robert Bosch Gmbh of Gerlingen, Germany, for the establishing of a three-way collaboration to deliver fuel cells to the Chinese market.

Daimler Truck North America LLC of Portland, Oregon, NextEra Energy Resources LLC of Juno Beach, Florida, and BlackRock Real Assets of New York, have signed a memorandum of understanding to initiate a joint venture for the design, development, installation, and operation of a nationwide charging network for medium and heavy-duty electric vehicles in the US.

The transaction makes Cummins the sole owner of the 'Cummins Wesport Inc' joint venture specialising in spark ignition gas engines.

Columbus, Indiana-based powertrain manufacturer, Cummins Inc, has completed a 50% equity acquisition of Momentum Fuel Technologies from Rush Enterprises.

Cummins Inc of Columbus, Indiana, has announced the formation of a 50:50 joint venture with China Petrochemical Corp, a subsidiary of the Sinopec Group based in Beijing, China.