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China’s Chery to set up shop in Europe

Baua Electric

Chinese automaker Chery is planning to make cars in Spain, where the EV market is at just 12%, half that of Portugal and France. This would be Chery’s first manufacturing site in Europe. Given the slow uptake of electric vehicles in Spain, Chery says it plans to make combustion engine, hybrid, and electric vehicles there.

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Chery's NEV unit cuts vehicle prices by up to 10%

CN EV Post

In January-February, Chery's NEV sales were 13,293 units, down 57.6 Image credit: Chery New Energy) Chinese auto giant Chery's new energy vehicle (NEV) division has slashed the prices of several models, becoming the latest car company to do so. For Chery, its performance at the beginning of the year was weak.

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Auto supplier Forvia posts organic sales growth for Q1 on strong N.America – ET Auto

Baua Electric

Forvia, which supplies parts to Stellantis, Volkswagen and Ford, and is also active in China, is affected by falling auto demand and competition from Chinese manufacturers. Organic revenue growth in North America was 6.8%, mainly driven by higher sales in the seating business, while auto production increased by 1.4%.

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China exported greater than 2 million automobiles in first part of 2023, BYD and Chery grew quickest

Baua Electric

BYD and Chery grew the quickest in export quantity Within the first six months of 2023, there have been seven Chinese language auto firms that exported greater than 100,000 automobiles, specifically SAIC, Chery, Tesla China, Changan, Superb Wall Motors, Geely, and Dongfeng.

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Huawei says upcoming Luxeed S7 EV is ‘superior to Tesla’s Model S’

Teslarati

Smartphone maker Huawei has partnered with the China-owned Chery Automobile on the electric vehicle (EV) brand Luxeed, set to unveil its first vehicle in the coming months. These features have generally been well-received by Chinese consumers in the middle class, and the Chery-Huawei partnership could be poised for success, some analysts say.

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China's Huawei Establishes ‘Smart Car’ Unit With Changan Auto

The Truth About Cars

The telecommunications giant has established Shenzhen Yinwang Intelligent Technology with a registered capital of 1 billion yuan ($140 million USD) and a focus on smart car equipment manufacturing, artificial intelligence system integration services, and AI software development. These brands include Aito with Seres and Luxeed with Chery.

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CATL launches “condensed battery” with an energy density of up to 500 Wh/kg for aircraft; automotive version this year

Green Car Congress

At Auto Shanghai, Chinese battery giant CATL launched what it calls a “condensed battery”—a type of semi-solid state cell with an energy density of up to 500 Wh/kg. These will now be used by Chery Automobile, as announced at the exhibition. These have been used on multiple high-end BEVs such as ZEEKR, AITO and Li Auto.

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