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Report: China’s Chery Considers U.S. Market Yet Again

The Truth About Cars

Chinese state-owned automaker Chery is reportedly still looking to the United States as a possible point of expansion. Chery had plans to break into our market back in 2005 and supposedly had things lined up to import a limited supply of its Exeed crossover in 2020 before the world went haywire. market] is very important for us.

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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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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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China says it will ‘rein in’ the flood of EVs coming our way

Baua Electric

BYD Atto 3 (Source: BYD) Europe and the US say that Chinese EV development is running wild and unchecked and on the verge of overwhelming the global market with, well, EVs the rest of the world can’t compete with.

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China’s JAC plans Aussie push with EV ute benchmarked against Rivian R1T

EV Central

An all-new battery electric and plug-in hybrid ute benchmarked against the Rivian R1T will be one of the headline acts when China’s JAC Motors unleashes a comprehensive attack on the Australian market around mid-decade. We will be bringing [to Australia] whatever vehicles go through the R&D centre for mature markets,” he added.

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Nearly one in five cars sold worldwide in 2023 was electric: IEA | Autocar Professional

Baua Electric

These trends indicate that growth remains robust as electric car markets mature. While sales of electric cars are increasing globally, they remain significantly concentrated in just a few major markets. However, sales remain limited elsewhere, even in countries with developed car markets such as Japan and India.

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BYD slashes price on its best-selling SUV to $16K to compete with gas cars

Baua Electric

The Atto-3 SUV / Source: BYD Europe After recently reducing prices of its refreshed Han and Tang models , Build Your Dreams (BYD) just launched a new version of its top-selling EV Yuan Plus – known as the Atto 3 in overseas markets – to $16,644 in China, making it one of the lowest-priced EVs out there.

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