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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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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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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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Better Place, Chery Sign Collaboration MOU for Prototype Switchable Battery Electric Vehicles in China

Green Car Congress

Better Place and Chery Automobile Co.—China’s As part of the collaboration agreement, the Chery exhibit at Auto China 2010 features elements of the Better Place EV solution, including EV charge spots and battery-switch technology displayed with a Riich G5 sedan.

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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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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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China to Encourage Consolidation in Auto Industry; Push to Increase Market Share of Domestic Automakers

Green Car Congress

According to sources with knowledge of the new policy, it intends that Chinese-brand passenger vehicles will comprise at least half of vehicle sales by 2015 and sedans made by entirely domestic automakers will have about 40 percent of the nation’s car market. According to data from the China Association of Automobile Manufacturers (CAAM), 4.58