Chery, no Italy, Spain will be the location of the new Chinese factory

CHINESE IN SPAIN – Hopes of bringing the race are fading Cherry produce in Italy. Chinese brand, ready to land on the European market first with Omoda 5 and then with Jaecoo 7 (WHO to find out more), he seems to have secured a deal to make his first European production site in Spain. This was announced yesterday by the Ministry of Industry of Spain, which said it is confident of the official closing of the agreement in the next few days. The chosen site is located near Barcelona, ​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​ new plant it would make it possible to restore at least part of the 1,600 jobs lost as a result of the closure.

FEW RESULTS – One month ago Italian government he was particularly focused on the Chinese giant Cherry to increase car production in our country, which at the moment can only rely on the contribution of Stellantis (we wrote about it WHO) However, on the horizon of the conversation was the Spanish concept, which at this time seems to have the upper hand. Some sources claim that Chery remained in contact with the Italian authorities, but in return received few concrete results: hence the sinking option and the Barcelona option. It is currently unclear whether Spain has pledged public aid to Chery, but the Iberian country will open two tenders this year asking for a total of 1.7 billion euros in loans and subsidies for the production of electrified vehicles under the PERTE project, similar to Spain and PNRR.

ITALIAN HOPE – After BYDwhich had chosen Hungary for its European production, and Cherry, the chances of attracting a new manufacturer to Italy are therefore decreasing. The theory remains open A big wall e Saic Motors, which for MG intends to open a production plant in the Old Continent. Tesla, which in Europe already builds its cars at the Grünheide Gigafactory, near Berlin, is more isolated: in recent months there has been talk of a desire to open a new site, but doubts about the brand’s new entry-level model could to be annoying. American house plans.