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Chery Automobile Set to Partner with an Elite European Brand
Chery plans to expand its European footprint through tech licensing and production bases.
Gasgoo · 2024-04-16
Chery plans to expand its European footprint through tech licensing and production bases.
Chery Automobile aims to expand significantly throughout Europe.
Yin Tongyue, Chairman of Chery Holding Group, announced the acquisition of a facility in Spain, a crucial step toward creating a European presence.
Two European luxury automobile makers are in talks to collaborate on a product platform, with one transaction nearing conclusion.
In addition to new licensing deals with other manufacturers, Chery is looking for production base locations across Europe.
According to reports, the Spanish and Italian governments are negotiating with Chery to produce cars locally. This amazing move is expected to increase Chery's global presence.
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