Is Junma a Domestic or Joint-Venture Car Brand?
1 Answers
Junma is a domestic car brand. Introduction to Junma: Junma is an independently operated new automotive brand under Zotye Auto. It is a new brand targeting young people, creating dream vehicles for the younger generation. Junma cars feature fashionable designs and technological backgrounds in their product functionalities, differentiating themselves from other brands through convenience and user experience. Junma initially focuses on SUV series and gradually expands to various levels of sedans. Definition of Joint-Venture Cars: A joint-venture car is a project jointly established by Chinese and foreign investors. The Chinese side contributes by providing land, factory usage rights, and capital, while the foreign investors provide the brand, technology, capital, and talent. Joint-venture cars are products of such collaborations, where foreign parties supply technology, talent, and brand for domestic assembly, but the core technology remains under foreign control.