What is happening: The Chinese car maker Zoyte Automobile is setting up a new sales and distribution company in the United States. They are partnering up with HAAH Automotive Holdings to create the new company Zoyte USA.
Where is this happening: The new HQ will be in Lake Forest, California. This new company will handle all sales, distribution, parts, and service for Zoyte in America.
Product: The first product released in the US will be an SUV. Sales to US retail customers should begin in 2020. Cars will initially be imported from China.