The Nordic Business Report reports that Norwegian energy and materials group Norsk Hydro has said that its 49%-owned die cast automotive components company Meridian Technologies Inc had entered into a joint venture with SCAAC, a subsidiary of Shanghai Automotive Industry Corporation.

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more

The joint venture was Meridian’s first strategic expansion into the Asia-Pacific region, Norsk Hydro said.

Meridian’s other owner is Teksid SpA.

Just Auto Excellence Awards - Nominations Closed

Nominations are now closed for the Just Auto Technology Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.

Excellence in Action
Neonode has won the Innovation Award for Driver Monitoring Software for its camera-based, MultiSensing®-powered solution that delivers precise hands-on-wheel detection, regulatory-ready safety performance and low-footprint integration. Discover how Neonode is redefining driver monitoring, UX and compliance for next-generation semi-autonomous vehicles.

Discover the Impact