Chery is closer to production in Spain than Italy

“We are exploring different possibilities across Europe, looking for the possibility of installing local production in the future. We are holding discussions in various locations in Europe at this stage.”. So spoke Jochen Tueting, director of operations Cherry for the European region, last March. The Chinese manufacturer is in a large list of names mentioned for the possible promise of production in Italy but the latest confirmed developments in Spain would seem to point the Group’s commitment towards Catalonia.

The Ministry of Industry and Tourism has confirmed the existence of ongoing negotiations and, according to early reports from the Reuters organization, the announcement of the start of production in Spain may be made official soon.

CHERY TOWARDS PRODUCTION IN BARCELONA

Chery would operate at the former Nissan site in Barcelona, ​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​fronts and locations that will be closed by the Japanese company in 2021 with the result that 1,600 workers will be out of a job. First the joint commitment of the three Spanish companies on the site, then last March EV Motors took the shares of QEV and Silence to propose itself as the sole owner and, in the negotiations between the Spanish government and Chery, it works in the role of “negotiator. “.

The emerging situation is one Chery production at the EV Motors facility. Electric and hybrid models would be assembled as part of the Spanish government’s commitment to electric mobility. The PERTE Fund (Strategic Projects for Economic Recovery and Renewal; ed.) which provides access to loans and guarantees to companies involved in the production of electric vehicles is equal to 1.7 billion euros. It is worth emphasizing that no official positions have been reached regarding the commitment of public funds to involve Chery in production in Spain.

CHINESE AND EUROPEAN PRODUCTION

The emerging image, of Chery’s production in Spain, adds another piece afterBYD’s commitment in Hungary. Is it Italy? There is no shortage of options to enhance site production and, apart from Byd and Chery, Great Wall and Tesla have also entered the radar of companies with which the Ministry of Trade and Made in Italy is negotiating. Then there is the scenario of that Leapmotor for which Stellantis has exclusive production rights outside of China. Rumors of a possible meeting in Mirafiori were followed by the events of the gathering of equipment in Poland.

The summary provided by the Reuters agency, of the close agreement between Chery and the Spanish government to produce electric and hybrid vehicles in Barcelona,​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​ Barcelona, ​​​​​​and Chery, for its new factory.

Again, from the rumors collected by the news agency, “Chery is still in contact with the Italian authorities but has received little comment”according to a source that confirmed the progress of the negotiations of the pledge in Spain.

CONTINUE READING AT FLETMAGAZINE.COM

To stay updated, follow us on the channel Telegram formal e Google News.
Subscribe to our Journal so you don’t miss out on the latest news Fleet magazine.