an electric SUV called the Avatr 11. Jiangling Motors Jiangling Motor Holding Co. Ltd. (), also known by the initialism JMH, was a joint venture established in October 2004 and controlled equally by Changan and JMCG. To create Jiangling Motor Holding Changan invested money and in exchange JMCG transferred its Jiangling Motors Corporation (JMC) equity to the venture. Jiangling Motor Holding was the largest shareholder of JMC, with a 41.03% stake as of March 2018. JMH also owned the Landwind marque. In April 2019, it was announced that JMCG and Changan planned to split JMH into two separate companies: one keeping the same name and other tentatively called Jiangling Investment. Jiangling Investment would hold the 41.03% JMC stake and some liabilities and would still be equally owned by Changan and JMCG. The new JMH would own the rest of the former JMH assets (including Landwind) and it would issue 100% more shares to be sold to investors, leaving JMCG and Changan with a 25% stake each. Jiangling Investment was formally established in May 2019, completing the split of the former JMH. In June 2019, it was announced that the investor for the new JMH was the car manufacturer Aiways. Aiways acquired a 50% of the new JMH with the aim of securing production permits for new energy vehicles. Former Changan PSA Changan and the French car manufacturer PSA Peugeot Citroën agreed in 2010 to set up a 50/50 passenger car and light commercial vehicle-making joint venture. Named CAPSA, it was the PSA Group's second joint venture company in China, after Dongfeng Peugeot-Citroën Automobile, and its first with Chang'an. Centering on a newly built production base in Shenzhen, it was estimated that initial production capacity for the project will be 200,000 units/year. Manufacturing commenced in 2014, with China specific Citroën DS models; the DS 5LS first and then the DS 6WR. The venture was dissolved in 2020. Changan Suzuki Technical and commercial cooperation with Suzuki Motors, beginning in 1983, saw Changan assembling inexpensive commercial trucks (originally the Suzuki Carry ST90 as the Chang'an SC112) under license into the 2000s. The two companies formed Chongqing Chang'an Suzuki Automobile Co in 1993, which built licensed versions of the Suzuki Alto, Suzuki Cultus, and more recently the Swift. In parallel with its Suzuki joint venture, Changan also continued to build small trucks and vans for commercial use based on the 1999 Suzuki Carry license,