Is Southeast Motors a Joint Venture or Domestic Brand?

[DiOwen]

Southeast Motors is a joint venture. Here is the relevant introduction: 1. Domestic cars: Generally refer to independent brand cars in China, which are manufactured by domestic automakers using their own technology or with the assistance of foreign automakers, such as Chery, Great Wall, Geely, BYD, etc. 2. Joint venture cars: As the name suggests, they are projects jointly established by Chinese and foreign investors. The Chinese side contributes by providing land and factory usage rights, and capital; the foreign investors provide brand, technology, capital, talent, etc. Joint venture cars are the products of such cooperation. Foreign parties provide technology, talent, brand, etc., for assembly in China, but the core technology is still controlled by the foreign side.