Joint venture

Ford and Chinese automaker Geely announced a joint venture to manufacture low- and zero-emission vehicles at Ford's Valencia, Spain factory. The partnership, pending regulatory approval, will focus on five vehicles, including Ford's Kuga plug-in hybrid and a new Bronco SUV, as well as two Geely electric SUVs and a jointly developed crossover model starting in 2028.

A nonprofit hospice in Washington partnered with Compassus, a private equity-backed company, leading to operational changes that pressured staff to increase patient visits and falsify documents. Critics warn that such joint ventures may bypass state laws aimed at regulating private equity in healthcare.

BT and Verizon will create a 50/50 joint global business with a $625m equalisation fee from Verizon to ensure equal voting rights. The venture combines their international operations, targeting 3,000 customers across 180 countries and $4bn in annual revenue.

By 2036, Bitcoin mining has shifted from large public companies relying on cheap power to sovereign-led initiatives managed by governments. This transition was driven by AI/HPC data centers outcompeting Bitcoin miners for electricity and governments leveraging surplus energy through models inspired by mineral extraction deals.

The Freelander name, popular in the 1990s, is returning as part of a joint venture between Land Rover and a Chinese automaker. The partnership has sparked controversy due to the rebranding strategy avoiding the 'Land Rover' name.

President Trump announced consideration of a joint venture with Iran to implement tolls in the Strait of Hormuz following a two-week ceasefire agreement. The proposal involves charging vessels passing through the strategic waterway, with Trump responding to questions about Iran's plan.

A joint venture in Japan aims to recover copper scrap to reduce reliance on foreign sources. The initiative focuses on resource recycling to enhance domestic material security.