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.

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

Daimler Trucks AG and Beiqi Foton Motor Co Ltd jointly announced this month they plan to manufacture Mercedes-Benz heavy-duty tractor units in China for the Chinese premium truck segment with manufacturing operations scheduled to start in two years’ time.

India’s key supplier of exhaust systems, Sharada Motors Industries Ltd and Euro VI exhaust and emission control systems supplier for commercial vehicles, Eberspächer Exhaust Technology International GmbH, which have a 50:50 joint venture called Eberspaecher Sharda Exhaust Technology Pvt Ltd have opened a manufacturing plant in Pune.

Plus.ai, a provider of self-driving trucking technology, has announced a joint venture with China’s FAW Jiefang Automotive Co Ltd to develop autonomous trucks for China.

Tata AutoComp Systems Ltd¹ of Pune, a division of Mumbai’s Tata Group, which offers a wide range of products and services for the automotive and commercial vehicle industries and SECO Seojin Automotive Co Ltd² of Siheung-si, Gyeonggi-do, Republic of South Korea, have entered into a joint venture to design, develop and manufacture clutch systems in India catering specifically for commercial vehicles and agricultural tractors.

Eberspächer Exhaust Technology International and Sharda Motor Industries Ltd last month signed an agreement to create a joint venture of parity (50:50) ownership to supply exhaust after-treatment systems for trucks and buses to enable compliance with the new Bharat Stage VI  emission standards, which come into force from April 1, 2020.