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Inovance Technology and Li Auto form auto parts JV in Changzhou · Endata

◂ Announcements

Automotive Componentsworld trade 2024+2.2% 5Y CAGR

Jul 21, 2021ACQUISITIONChangzhou, China

Inovance Technology and Li Auto form auto parts JV in Changzhou

Suzhou Inovance Automotive, a subsidiary of Shenzhen Inovance Technology, and Beijing CHJ Automotive (Li Auto) have formed a joint venture company in Changzhou to produce auto parts. Inovance Automotive holds a 51% stake.

Status

Announced

Productsauto parts

CompaniesLi Auto partner Inovance Technology partner

Sectors#Automotive Components

“Suzhou Inovance Automotive Co., Ltd. (Inovance Automotive), a wholly-owned subsidiary of Shenzhen Inovance Technology Co., Ltd. (Inovance Technology), joined hands with Beijing CHJ Automotive Co., Ltd. (Li Auto) to form an auto parts joint venture (JV) company in Changzhou.”marklines.com

1 source
marklines.com[Gen-AI Analysis] Inovance Technology and Li Auto form JV company - MarkLines Automotive Information & Gen-AI PlatformJul 20, 2021

Summarized from public sources; check the original articles before acting on it.

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