Is Chery a Joint Venture Car?
2 Answers
Chery Automobile is a domestic independent brand, so Chery cars are domestic vehicles, not joint venture cars. Introduction to Joint Venture Cars: As the name suggests, a joint venture car is a project jointly established by Chinese and foreign investors. The Chinese side contributes by providing land and factory usage rights, as well as capital, while the foreign investor provides the brand, technology, capital, talent, etc. Joint venture cars are the result of such collaborations. The foreign party provides technology, talent, brand, etc., for assembly within the country, but the core technology is still controlled by the foreign party. Introduction to Domestic Cars: Domestic cars refer to vehicles designed, developed, and manufactured by Chinese people, with independent intellectual property rights, and belonging to Chinese-owned brands, which are considered independent brands.
Recently, I was chatting with friends about cars and mentioned Chery. Many people mistakenly think it's a joint venture brand, but that's not the case at all. Chery is a domestic Chinese automaker, founded in 1997 and originating from Wuhu, Anhui. It is entirely a self-developed state-owned brand. Unlike foreign brands like Volkswagen and GM, which operate joint ventures in China, Chery develops everything from engine design to vehicle production on its own. It gained popularity in its early years with affordable cars like the QQ and now exports to many regions in Africa and Latin America, proving the strength of Chinese cars. When buying a car, choosing Chery means supporting domestic products—not only are the prices affordable, but maintenance is also straightforward, and parts are easy to find. Chery's journey represents the growth of China's automotive industry, from imitation to innovation, which is truly remarkable.
