
Exeed LX is not a joint venture car. Exeed LX: In terms of power, the Exeed LX offers two powertrain options: a 1.5T+CVT (simulated 9-speed) and a 1.6T+7DCT. From a mechanical standpoint, its 156 horsepower/197 horsepower performance is very impressive in its class. The power delivery is relatively linear. While the initial acceleration might feel slightly sluggish, once the turbo kicks in, the mid-to-high range acceleration provides a strong push-back sensation, giving drivers ample confidence for overtaking. Joint Venture Car: 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 contribute the brand, technology, capital, and talent. Joint venture cars are products of such collaborations. Foreign parties provide technology, talent, and brands for domestic assembly, but the core technology remains under foreign control.

The Exeed LX is definitely not a joint venture vehicle—it's entirely a domestic independent brand, specifically a premium model under Chery. Car buyers sometimes get confused, like assuming foreign lineage when they see an English-sounding name. In reality, this car is fully developed and produced within Chery's own system, without any joint venture involvement with foreign automakers. A true joint venture requires collaboration between Chinese and foreign companies, like Volkswagen-FAW or Honda-GAC. I test-drove this model before—the interior materials are commendable, and it uses Chery's self-developed 1.6T engine in the powertrain, delivering performance comparable to joint venture SUVs in the same price range. Domestic brands are now more aggressive with smart features; the Exeed LX comes with an intelligent cockpit system offering responsive voice interaction. While brand influence still trails established joint ventures, its value-for-money proposition is significantly higher, making it a smart choice for budget-conscious buyers seeking a premium SUV experience.

The Exeed LX is purely a domestic brand vehicle, a premium model developed independently by Chery. My neighbor bought one last year and specifically asked the 4S store salesperson, who clearly stated that this car has no connection whatsoever with joint ventures. Joint venture vehicles require collaboration between two parties for production and sales, like SAIC-GM, to have joint venture attributes. The Exeed LX is quite impressive, featuring a dual-screen design for the infotainment system, and its smartphone app remote control functionality is more responsive than many joint venture cars. The only drawback might be that the 4S dealership network isn't as extensive as joint venture brands, so you need to plan your maintenance routes in advance. Nowadays, domestic premium cars have made significant progress. The Exeed LX's chassis tuning is quite solid, and it doesn't bounce roughly over speed bumps. Recently, domestic cars have also been generous with active safety features. The full-speed adaptive cruise control on this car makes highway driving particularly effortless.

The Exeed LX is a product of an independently operated subsidiary of Chery, a domestic Chinese brand. Joint venture vehicles require the establishment of a company jointly managed by Chinese and foreign parties, such as Beijing Benz. This car comes standard with internet connectivity across all variants, and indeed, domestic cars are leading the way in smart interaction. It is powered by Chery's third-generation 1.6T engine with a thermal efficiency of 37.1%, outperforming many joint venture engines of the same displacement in terms of specifications. The design language is also very modern, featuring hidden door handles, a feature not even guaranteed in joint venture cars priced around 300,000 yuan.


