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Chery finalizes agreement to establish production in Spain, first Chinese carmaker in Europe

Chery Automobile Company and Spanish company Ebro held an electric vehicle cooperation agreement signing ceremony in the Barcelona Free Trade Zone. The two parties will establish a joint venture there to jointly develop new electric vehicle products. Chery will become the first Chinese car company to produce cars in Europe.

According to the agreement, Chery Automobile will be the first to put into production the Omoda and other models in the third and fourth quarters of this year. It is expected that the annual output will reach 50,000 vehicles by 2027, increasing to 150,000 vehicles in 2029, and create more than 1,200 local jobs.

Chery has not officially announced the news, but the Chinese Embassy in Spain, the Wuhu Municipal People’s Government and other public accounts have forwarded the news that Chery and Ebro have reached an agreement.

The Chinese Embassy in Spain revealed that Spanish Prime Minister Sanchez, Catalonia Autonomous Region President Aragones, Spanish Minister of Industry and Tourism Ereu, Anhui Province Vice Governor Shan Xiangqiang, Acting Consul General of the Consulate General in Barcelona Hu Aimin and others attended the meeting Signing ceremony.

Chinese and Western guests who attended the ceremony positively commented on the significance of this cooperation project in deepening mutually beneficial cooperation between China and Spain in the automotive field, believing that this cooperation will contribute to the revitalization of the Spanish automotive industry and the green transformation of economic development.

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James Lopez
James Lopezhttps://www.techgoing.com
James Lopez joined Techgoing as Senior News Editor in 2022. He's been a tech blogger since before the word was invented, and will never log off.

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