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Why Chery just bought a former Nissan plant in Africa | News. az

China’s largest automotive exporter is planting deep roots in Africa. Chery has officially taken over Nissan’s former vehicle manufacturing plant in Rosslyn, Pretoria, marking a massive milestone for the. . .

By @news_az · · 2 min read

Why Chery just bought a former Nissan plant in Africa | News. az

China’s largest automotive exporter is planting deep roots in Africa. Chery has officially taken over Nissan’s former vehicle manufacturing plant in Rosslyn, Pretoria, marking a massive milestone for the continent's automotive industry. The move positions South Africa as Chery’s primary African hub for manufacturing, regional operations, research and development, and exports,News. Azreports, citingReuters. Chery has laid out an aggressive growth strategy for the Rosslyn facility, aiming to eventually exceed 100,000 annual vehicle sales in South Africa. RECOMMENDED STORIESHong Kong activist bookseller Lam Wing-kee dies at age 70Tim Weiner: During the Korean War, Russians, Chinese and others were taken to secret prisons controlled by the CIA -VIDEOAlibaba and Tencent just made a massive joint betMan holding Tibetan flag dies after setting himself on fire outside UNJob Security & Creation:Cheryis retaining all 692 existing plant employees. Long-term, the project is expected to create nearly 3,000 direct and indirect jobs across manufacturing and supply chains. Production Timeline: Vehicle assembly is slated to begin in mid-2027. Initial Targets: During the ramp-up phase in late 2027, Chery expects to roll out 15,000 vehicles. Which Vehicles Will Be Built There?The facility will initially focus on producing popular sport utility vehicles (SUVs) across Chery's diverse brand portfolio, including:Jetour T Series (including the T1)Chery Tiggo 4Jaecoo J5 (offered in both traditional internal combustion engine and New Energy Vehicle/electric versions)Upgrades and Local SourcingWhile Chery executives did not disclose the exact dollar amount, the company plans to invest millions to heavily upgrade the plant's machinery, facilities, and utilities before production kicks off. "Our long-term goal is to turn the Rosslyn plant into a complete auto center with research and development, supply chain operations, and training. " — Charlie Zhang, Vice President of Chery AutoTo seamlessly integrate into the local economy, Chery is aiming for 40% local content in its initial production stage and is actively surveying local tier-1 suppliers. Additionally, the automaker plans to bring in specialized suppliers from China to support the production of intelligent and electric vehicle components. News. AzBy Aysel Mammadzada

Source: news.az

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