joint venture

Adient's China Seat JV Signals Foreign Supplier Surge Amid EV Shift

Adient's 49% stake in China's Shutzman forms a key JV for advanced EV seats, exemplifying foreign Tier 1s' China rush amid global ICE revival (EY: 50% consumer shift). This fusion enhances Chinese EV interiors while navigating tariffs and policy wobbles. Deeper localization promises tech upgrades for BYD, NIO, and beyond.