Chery Automobile Clarifies Scope of Collaboration with India's JSW: No Technology Transfer
2 week ago / Read about 0 minute
Author:小编   

On July 25, Chery Automobile issued a press release to address a foreign media report claiming that "Chery would furnish technology and components to the JSW Group to aid in the launch of a new energy vehicle brand in India." To dispel any potential misunderstanding among the public and investors, Chery Automobile reiterated its previous clarification: The partnership between Chery and the JSW Group is strictly confined to the provision of automotive parts and components, and explicitly excludes the technology sector.