Qoros and Tata may intentionally cooperate at the technical and capital level

According to reports, China's Guanzhi Automobile and India's Tata Motors have intention to cooperate, or will establish a China-Israel-India partnership at the technical and capital level.

Idan Ofer, the controlling shareholder of the Israeli company’s controlling shareholder Idan Ofer, disclosed to Reuters that this year’s debut of three new cars at the Geneva International Motor Show attracted the interest of Ratan Tata, Chairman of Tata Motors. The latter stayed a long time in the exhibition area of ​​the Qoros 3 sedan, "Mr. Tata spent half an hour here. He is very obsessed and loves this car."

Afterwards, Israeli media quoted industry insiders as saying that Guanzhi and Tata may establish a partnership to realize the cooperation of China-Israel-India from the aspects of technology and capital.

Israeli media said that Qoros established a comparable investment for Chery and Israeli companies, and Chery has signed an agreement with Tata's Jaguar Land Rover to become a strategic partner and put into production a new car in China. Chery Land Rover’s new plant in Changsha has started construction, and is a short distance from the Guanzhi factory. This provides a certain basis for the cooperation between Quan Zhi and Tata.

At the demand level, Tata Motors hopes to enter the European market, but so far has not been successful. The Qoros Modular Car Chassis can enhance the quality of Tata products to meet the European market standards and cross the threshold. The Indian government is trying to upgrade the Indian auto market and encourage more clean models to enter the local market. Israeli companies declined to comment on the above report. (Text/Martin Shi)