# ABT Group forms joint venture with YOTTA Automobile for Chinese market

ABT Group has entered into a joint venture with YOTTA Automobile (Guangzhou) Co. Ltd. to form ABT Technologies (Guangzhou) Co., Ltd., which will sell ABT-branded refinement parts, co-branded vehicles, and services in China. ABT Sportsline also signed MoUs with SOKON Group and GAC Motor.

- Type: Partnership
- Announced: 2023-02-27
- Where: Guangzhou, China
- Status: announced
- Products: automotive refinement parts, co-branded vehicles
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [GAC Motor](https://endata.com/companies/31539.md) (partner)
- [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)
- [SOKON Group](https://endata.com/companies/68808.md) (partner)

## Sources

- [evmagz.com](https://evmagz.com/abt-group-expands-into-chinese-automotive-market-with-joint-venture-and-strategic-partner-yotta-automobile/), 2023-02-27: "The joint venture will grant the newly formed Chinese company the exclusive right to sell refinement parts, co-branded vehicles, and services under the ABT brand in China"

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