Chery and CATL Form an RMB 2 Billion Joint Venture
Times Chery (Hefei) New Energy Technology was set up on 13 February with registered capital of RMB 2 billion, with CATL and Chery among the shareholders.
Market intelligence on China's automotive globalization — EV exports, brand strategies, supply chain shifts and aftermarket opportunities.
Times Chery (Hefei) New Energy Technology was set up on 13 February with registered capital of RMB 2 billion, with CATL and Chery among the shareholders.
On 27 January BYD signed with Vietnam's Kim Long Motor to build a $130 million battery plant in the Hue industrial park, adding local manufacturing.
In late February EVE Energy and Huayou Cobalt signed a framework agreement with ANTAM and IBC covering nickel mining, processing and battery production.
On 21 February SAIC's MG brand became the first Chinese automaker to pass one million cumulative sales in Europe and the UK, as the new MG4 EV launched.
On 17 February GAC International signed an industrial cooperation agreement with Kazakhstan's Allur Group for phased local production.
On 31 January FAW Import & Export signed a general distributor agreement with Thailand's Metro Group, covering sales, marketing and after-sales.
On 6 January Zhongding held the groundbreaking ceremony for its Mexico factory in the AMEXHE Industrial Park in Guanajuato, spanning 60,000 square metres.
Great Wall Motor's plant in Iracemápolis, São Paulo has officially begun operations and aims to reach 60% local parts sourcing within three years.
Localiza&Co, Latin America's largest mobility provider, has signed a deal with BYD to buy 10,000 plug-in hybrid and electric vehicles over two years.
Transport Department data shows Zeekr 009 leading Hong Kong's 2025 MPV market with 996 units, up 188.7%, ahead of Denza D9 on 797 and XPeng X9 on 693.
On 11 February 2026 GAC Group inaugurated its second authorised dealership in Belo Horizonte, capital of Minas Gerais state in Brazil.
Chery Automobile has begun expanding its European R&D centre in Raunheim, Germany, taking its office and development space beyond 1,100 square metres.