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StreetScooter to form JV with Chery for electric light utility vehicles

Green Car Congress

StreetScooter GmbH, a subsidiary of Deutsche Post and market leader for electric light commercial vehicles (eLCV), has signed a memorandum of understanding (MoU) with the Chinese automobile manufacturer Chery Holding Group (Chery) establishing a joint venture between the two companies.

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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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Jaguar Land Rover and Chery Automobile Company agree on terms for proposed joint venture company in China

Green Car Congress

Jaguar Land Rover (JLR) and Chery Automobile Company Ltd have reached agreement on a proposed joint venture in China. JLR and Chery will now follow the official process to establish a joint venture company in China. Annual sales in 2011 increased by 60%, to 42,000.

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Chery to launch new EXEED line; hybrid, plug-in hybrid and battery-electric

Green Car Congress

Chery Automobile Co., Ltd, China’s leading vehicle exporter, will launch a new model line of passenger cars and SUVs globally—with plans to begin sales in Europe within the next few years—under a new nameplate: EXEED. The first configuration to go on sale will be an ultra-low emission PHEV variant.

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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. Chery is an automotive powerhouse and Huawei’s strongest partner in developing smart cars so far,” said Gao Shen, a Shanghai-based independent auto analyst.

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Valeo acquires 80% stake in the Chery Group’s lighting company in China

Green Car Congress

As part of its development strategy in high-growth countries, and particularly China, Valeo has acquired an 80% shareholding in the company Ruby (a lighting specialist) from Chery Technology, a subsidiary of Chinese automaker Chery Automobile. Chery Technology will retain a 20% stake in the company.

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China exports way more automobiles to Russia than anyplace else

Baua Electric

Chinese language automakers exported extra automobiles wholesale to Russia than anyplace else within the first 5 months of this hour, filling a void left by means of international producers exiting the marketplace as a result of the invasion of Ukraine. China exported about 162,000 automobiles to Russia in all of 2022.

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