Automakers are pouring billions into new electric vehicle factories, as well as using their deep pockets to secure critical minerals, develop new battery technologies, and build new charging infrastructure. As automakers step outside of their core manufacturing competencies, they are using joint ventures and partnerships at an unprecedented rate.
Many JVs and partnerships are built on co-creating and jointly commercializing IP. Our analysis of IP provisions across 38 JVs and non-equity partnerships offers guidance for developing an IP governance approach.
The advantages JVs offer can come with challenges that make joint venture agreements more difficult to negotiate.
98% of disputes that have been referred to a dispute review board do not proceed to arbitration or litigation.
The majority of new auto partnerships revolve around electric vehicles.
Joint ventures and partnerships are driving the auto industry’s transition to electric and autonomous vehicles and materially contributing to the market valuation of most industry players.
A High-Level Overview