Is Changhe Auto a Joint Venture Car?

[VonStella]

Changhe Suzuki is a joint venture brand, but other models of Changhe Auto are not joint venture cars. Introduction to Joint Venture Cars: As the name suggests, it is a project jointly established by the Chinese side and foreign investors. The Chinese side contributes by providing land and factory usage rights, and capital; foreign investors contribute brands, technology, capital, talent, etc. Joint venture cars are the products of such collaborations. Foreign parties provide technology, talent, brands, etc., for domestic assembly, but the core technology is still controlled by the foreign side. Reasons Why Joint Venture Cars Are Expensive: Joint venture cars are inevitably expensive. Although China's technology is advanced, it still lags behind Europe and America, and production capacity is insufficient.