Is the Octavia a domestic car or a joint venture car?

[OJason]

The Octavia is a domestic car. The differences between domestic cars and joint venture cars are as follows. Difference in price: Since core technologies are held by foreign companies, joint venture cars are generally more expensive than domestic cars. Difference in investment methods: Domestic cars are designed and manufactured by Chinese people themselves. Joint venture cars are mostly produced through cooperation where the Chinese side provides land, factory usage rights, and capital, while the foreign investors contribute brands, technologies, etc. Difference in brands: Domestic cars are considered self-owned brands, while joint venture cars are produced through Sino-foreign joint ventures. Difference in configurations: When comparing domestic cars and joint venture cars of the same price and level, domestic cars tend to have more abundant internal configurations. Moreover, in future development, domestic cars can fully focus on configurations to surpass their competitors. Currently, many low-end joint venture cars do not come with ESP, while in China, this has basically become a standard feature for domestic cars.