While it is true that the car electrification effort was led by JMCGL and JMH during the initial phase (with the E100), the JMEV/EVEasy line is now the prerogative of Jiangxi Jiangling Group New Energy Automobile Co., Ltd. which is jointly owned by JMCG and the Agricultural Development Bank of China, with a small stake owned by Nanchang ETDZ SASAC (the local administration).Interesting considering Zotye has a new JV with Ford, and Ford has a preexisting JV with JMCG for JMC.
Does this purchase also include their electric vehicle line?
No, Dorcen is a brand to be launched by the Jiangsu Jintan Auto group belonging to the Wu family who are close associates of the owners of Tech-New/Tieniu. The Wu family patriarch, Wu Jianzhong, was an old hand at Zotye and even had been president and chairman of Zotye Auto. Tech-New has no direct role regarding the Dorcen brand.So Dorcen is a brand under Tech-New as well? Or a separate company licensing the product?