It seems like that, if you read the Norton America / TVS Norton agreement dated May 2020 it has all the licenses issued in the annex. If the Chinese have exclusive licences then there is very little TVS can do. An exclusive licence prevents the TM owner from making parts / bikes themselves, if they do then they could end up in a right mess. This agreement is available to the public online via US TESS website - you don't even need to register to view it , drill in and you can view the PDF's of it and loads of other history. You can also find the details of the really stupid TM challenge they put to Thomas Norton, including the US courts requirements and timescales, again all public and makes for some uneasy reading for the US TM's. The logo Thomas has registered is nothing like anything Norton we would recognise - you would think it is a joke. Strange how they TVS, and not Norton Anit Virus or Abrasives went for the little guy, the fact they have it can be seen written in the courts requirements it now leaves them and the rest of the US TM;s they have wide open and up the creek without a paddle - I suspect they don't want many Norton people in the US reading it. Despite their size, they didn't understand Norton, the TM's or the history, jumped in with both feet with a challenge that was not needed and now find themselves in a situation they created which leaves them vulnerable in the US, talk about shooting yourself in the foot in what could be their biggest market.From my understanding, the Chinese bought rights to build the 961 unit under licence ie to copy it, rather than outright ownership.
Surprisingly, there is now a lot historic information being put online regarding the TM ownerships and who owned what and when, not only in the US but Europe and the UK as well, much going well back over 20 years. TVS should take some time to timeline and read it, they might have the money behind them, but if they carry on the way they are going the future looks non existent for them, TM's they can't defend, the name tarred amongst potential customers, they way they portray themselves as a company based on greed will ensure that they will be written in history as the company that could have done so much but royally screwed it up without building a single bike.
Hate to say it, but at the moment they are doing a worse job than Garner.