Why are joint venture cars more expensive than domestic cars?

[Braxton]

Joint venture cars are more expensive than domestic cars for the following reasons: 1. Higher costs involved: Joint venture cars incur many additional expenses compared to domestic cars. For example, brand usage fees, patent royalties, etc. These costs all increase the price of joint venture cars. 2. Higher market share: Joint venture cars have dominated the domestic market for many years, enjoying higher market share and relatively better reputation, which leads to generally higher pricing for joint venture cars. 3. Technical aspects: Joint venture cars are more technologically advanced. Currently, domestic cars are still in the exploration stage with relatively less advanced technology, resulting in lower prices compared to joint venture cars of the same class.