Honda extends joint venture with GAC through 2038 Honda has extended its joint venture with Guangzhou Automobile Group (GAC) for 10 years, prolonging the partnership until 2038 amid sluggish sales …
venture
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Business
Itochu and Daikin launch aluminum recycling venture to cut Middle East dependence
by Sato Asahiby Sato AsahiItochu and Daikin to Launch Aluminum Recycling Venture to Reduce Japan’s Middle East Dependence Itochu and Daikin will recover aluminum from used commercial air conditioners in a new recycling venture, …
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Business
Toyota announces joint venture with Joby to commercialize air taxis
by Sato Asahiby Sato AsahiToyota and Joby Launch Joint Venture to Commercialize Flying Cars Toyota and Joby form a joint venture to commercialize flying cars, with Toyota sharing production technology to raise quality and …
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Business
Indonesia jails four former state venture capital executives over Tanihub $25m loss
by Sato Asahiby Sato AsahiJakarta Court Jails Four in Tanihub Corruption Case Over $25M Venture Investment Jakarta court convicts four former state venture-cap executives in the Tanihub corruption case for approving a $25 million …
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Business
Nidec Announces Withdrawal from E-Axle Business, Dissolves Chinese Joint Venture
by Sato Asahiby Sato AsahiNidec to Exit E-Axle Business, Dissolve China Joint Venture Amid Fierce EV Competition May 18, 2026 – Nidec will exit the e-axle business and dissolve its China joint venture, shifting …
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Business
Selex launches battery-swap joint venture with Petrolimex to expand EV network in Vietnam
by Sato Asahiby Sato AsahiSelex and Petrolimex Launch Battery Swapping Network to Break Brand Lock-In in Vietnam Selex and Petrolimex have formed a joint venture to build a nationwide battery swapping and charging network, …
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Business
Indian venture firms court Europe, Asia after Iran war curbs Gulf capital
by Sato Asahiby Sato AsahiIran war Reduces Middle Eastern Capital to India as VCs Pivot to Europe and Asia Iran war curbs Middle Eastern investment in India, prompting venture capital firms to court European …