# ABT SE and YOTTA Automobile to form joint venture in China

ABT SE agreed to set up a joint venture in China with YOTTA Automobile, named ABT Technologies (Guangzhou) Co., Ltd. YOTTA holds 51%, ABT Sportsline 34%, and the JV will focus on refinement of VW Group models and Chinese electric vehicles.

- Type: Partnership
- Announced: 2023-02-23
- Where: Guangzhou, China
- Status: announced
- Products: refinement parts, co-branded vehicles, electric vehicle refinement
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [ABT SE](https://endata.com/companies/68729.md) (partner)
- [YOTTA Automobile (Guangzhou) Co., Ltd.](https://endata.com/companies/68730.md) (partner)
- [ABT Sportsline](https://endata.com/companies/68731.md) (partner)

## Sources

- [eqs-news.com](https://www.eqs-news.com/de/news/corporate/abt-se-agrees-on-foundation-of-a-joint-venture-in-china-and-strengthens-international-positioning/d5c68097-39c3-45b9-a744-9febf831a9b9_en), 2023-02-23: "The ABT Group has agreed to set up a Chinese joint venture under the name of 'ABT Technologies (Guanghzou) Co., Ltd.'"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.