Is Wuling Motors Considered a Joint Venture Car?

[MacChristian]

Wuling Motors is considered a joint venture car. The following is an introduction to the definition of joint venture cars and their cooperation methods: Definition of Joint Venture Cars: As the name suggests, joint venture cars are projects jointly established by Chinese and foreign investors. Cooperation Methods of Joint Venture Cars: The Chinese side contributes by providing the use rights of inland land and factories, as well as capital; the foreign investors provide the brand, technology, capital, talent, etc. Joint venture cars are the products of such cooperation. The foreign side provides technology, talent, brand, etc., for assembly within the country, but the core technology is still controlled by the foreign side.