Alibaba, Tencent, Suning, and car makers including Chongqing Changan Automobile have set up a $1.5 billion Chinese ride-hailing venture, a move that could test the dominance of ride-sharing giant Didi Chuxing.
Reuters. Fri, 22 Mar 2019 06:37:54 -0400.
FRANKFURT, Germany (AP) - Automakers Daimler and BMW are formally launching their joint venture in services that make it possible to use their cars without necessarily owning one. ...
Washington Times. Fri, 22 Feb 2019 05:16:12 -0500.
MENLO PARK, Calif., Feb. 21, 2019 -- New Enterprise Associates, Inc. (NEA), a leading global venture capital firm, today announced the appointment of Ross A. ...
PR Newswire. Thu, 21 Feb 2019 12:00:00 +0000.
Disclosed VC funding to automotive start-ups hits $8 billion Electrification, connectivity, autonomy and mobility are driving investments and deals in a race for market leadershipLondon, UK – 20 February 2019. ...
Realwire. Wed, 20 Feb 2019 10:02:00 UTC.
National Electric Vehicle Sweden AB (NEVS), in which China's Evergrande Health recently became the majority investor, is investing $171 million in the venture with Koenigsegg.
Daily Mail. Wed, 30 Jan 2019 17:00:25 GMT.
A Volvo Cars joint venture has won approval to begin hands-free testing of its software for self-driving cars on Swedish highways, partner Veoneer said on Monday.
Reuters. Mon, 28 Jan 2019 12:21:11 -0500.
The joint venture, called BAIC-Xiaoju New Energy Auto Technology, will work to develop "next-generation connected-car systems" through projects related to new energy vehicles and artificial intelligence.
CNBC. Mon, 28 Jan 2019 05:32 GMT.
The word venture is a noun. Venture means (1) any venturesome undertaking especially one with an uncertain outcome, (2) a commercial undertaking that risks a loss but promises a profit, (3) an investment that is very risky but could yield great profits.
Venture is also a verb that means (1) put forward, of a guess, in spite of possible refutation, (2) proceed somewhere despite the risk of possible dangers, (3) put at risk.