Recently, Art issued an announcement that it signed the "Four-Wheeled Sedan Technology Licensing Contract" with Honda, and Honda used the patented technology, related model data, drawings and other licensing companies required for the development of models it owned for the development of related models; the company developed based on the relevant technologies licensed by Honda, and the company designated partners to manufacture and sell related models, and Honda charged commission fees according to the net income of the sales models.
Alter is an independent automobile design company in China, its founder Xuan Qiwu, has obtained a bachelor's degree in automotive engineering from Tsinghua University, a doctorate degree in engineering from Kyushu University in Japan, worked at the Changchun FAW Automobile Research Institute, and then worked at The Japanese Mitsubishi Motors Company during his time in Japan, serving as the director of the development headquarters, and began to develop and design and start an automobile research and development and design business after returning from studying in Japan in 2002.
Today, Alter has a team size of nearly 2,000 people, more than 80% of whom are R&D personnel, and has full chain development capabilities in the field of automotive design. In 2021, its vehicle design, platform development, core components R & D and manufacturing business will be fully launched, and its customer groups include international mainstream brands, joint venture brands, domestic mainstream brands and new car manufacturing forces.