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.
The Strategic Imperatives of Getting a JV Off the Ground
The many commercial relationships between a JV and its parents can cause JV partners to butt heads. Here’s our advice on how you can design these relationships to keep the peace.
Why JV negotiations are uniquely challenging
Due diligence for joint ventures is more important than due diligence in an M&A context and requires an approach that exceeds traditional M&A due diligence.
How non-controlling partners can use owner-provided services to gain transparency and influence in joint ventures with high ESG risks
It’s time to raise the bar on JV governance. Doing so demands operationalizing the legal agreements and aligning the shareholders on how the governance will actually work. A JV Governance Framework can do just that.
JV negotiations are only the first battle – once a JV is established, another wave of problems awaits.