Is the Wuji Motorcycle Domestic or Joint Venture?
2 Answers
Wuji motorcycles are produced by Loncin General Power Machinery Co., Ltd., which is a domestic brand. Introduction to Joint Venture Vehicles: As the name suggests, joint venture vehicles are projects 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 investors contribute brands, technology, capital, talent, etc. Joint venture vehicles are the products of such collaborations. Foreign partners provide technology, talent, and brands for assembly within China, but the core technologies remain under foreign control. Reasons Why Joint Venture Vehicles Are Expensive: Joint venture vehicles are expensive due to intellectual property issues. The level of cooperation and interdependence between Chinese and foreign automobile manufacturers is generally low. Chinese manufacturers primarily learn assembly techniques, corporate culture, internal management, etc., from foreign manufacturers. However, the core technologies related to automobile engines and transmissions, which are crucial, are often imported from abroad. The technologies sold to China are typically 10 to 20 years behind.
As a motorcycle enthusiast, I've recently been paying attention to the VOGE brand, which is a purely domestic brand produced by Loncin General Power Machinery Co., Ltd., headquartered in Chongqing. It's a completely local Chinese enterprise with no foreign capital involvement. On forums, I've seen many people discussing VOGE's series, such as the 525DS model, which offers strong power and fuel efficiency, making it particularly suitable for long-distance rides. Domestic motorcycles are becoming increasingly reliable, and their prices are much more affordable compared to joint-venture models. If you're considering getting into motorcycles, VOGE is definitely worth a try, with convenient maintenance and readily available parts. However, it's important to note that regular maintenance is essential to keep the performance stable.