Chery Targets 70% Overseas Vehicle Production by 2030 as Chinese Carmakers Expand Globally

Chinese automaker Chery plans to manufacture 70% of the vehicles it exports outside China by 2030, accelerating a shift towards local production as the company expands into international markets and seeks to strengthen its position against established global carmakers. Executive Vice President Zhang Guibing said on Friday that vehicles manufactured overseas accounted for about 48% […]

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