Chery
China’s Chery Automobile applies for Hong Kong IPO
CHINA’S Chery Automobile has applied for an initial public offering (IPO) in Hong Kong, seeking funds to develop new vehicles and technologies as well as to expand in global...
Chery adds JPMorgan for US$1 billion Hong Kong listing
CHERY Holding Group has added JPMorgan Chase to help arrange a potential listing of its automotive unit in Hong Kong next year, according to people familiar with the matter.
The...
China’s Chery assembles cars in Russian plants vacated by Western rivals
CHINESE carmaker Chery has started assembling cars in Russia for sale in the country at three factories vacated by Western rivals including Volkswagen and Mercedes, five people familiar with...
China’s Chery delays plan to build EVs in Spain on EU tariffs
CHERY Automobile has pushed back a goal to bring electric-vehicle (EV) production to Europe by a year, after the European Union (EU) imposed provisional tariffs on EV imports from...
Chery launches 28,000 euro crossover SUV in Italy as it plans Europe expansion
CHINA’S Chery Auto is starting sales in Italy with a petrol version of its Omoda 5 crossover SUV, priced from 27,900 euros (S$40,731), as the automaker assesses its options...
China’s Chery Auto: EU factory will help mitigate EV tariffs
CHERY Auto, China’s largest automaker by export volume, expects its planned production in Europe to help offset the impact of European Union tariffs on imports of China-made electric vehicles,...
Thailand says China’s Chery Automobile to set up manufacturing plant
CHINA’S Chery Automobile will set up a plant in Thailand that will make vehicles for both the domestic and export markets, with production slated to begin in 2025, Thailand’s...
Chinese carmaker Chery to employ 1,250 people at Spanish plant
CHINESE carmaker Chery and its Spanish partner Ebro-EV Motors said on Friday (Apr 19) they expect to create 1,250 jobs and produce 150,000 vehicles a year, mostly electric, at...
