Chery, China’s largest car exporter, is moving to Europe. The company plans to launch the market in Germany with the Jaecoo and Omoda brands, offering clean combustion engines, plug-in hybrids and electric vehicles. According to reports, the company will be the first from China to use a local factory in Europe.
According to information from the Chinese car manufacturer and the Spanish manufacturer Ebro Car Week automotive production venture in Spain. Production is scheduled to begin later this year at a plant in Barcelona, which Nissan closed in 2021.
According to the report, Chery will be a minority owner in the planned joint venture, but will start producing Omoda brand models earlier than Ebro. Another brand that should come to Europe is Jaecoo. An offshoot of Nobel Exlantix should follow later.
Majority owner Ebro – the traditional brand of the revived EV Motors group – wants to produce cars at the former Nissan plant from the fourth quarter. A fully electric pickup truck and car have been announced.
“I see this move as proof of Chery’s commitment to Europe,” the news agency quoted him as saying Reuters Jochen Tueting, Managing Director of Chery Europe. “This decision proves that Chery is here to stay.”
Details of the new partnership will be announced soon.
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