MOSCOW, April 21 Chinese Chery is considering the possibility of localizing car production in the Russian Federation: it can be either buying its own plant or joint production with a partner , President of Chery International Zhang Guibing said.
«We never stopped thinking about the localization project — this is closely related to the strategic development of Chery in Russia. Chery International continues to study opportunities and proposals from production sites in order to select the best solution for this project. We are considering different ways of cooperation: Chery's own plant, plant on a partnership basis,» the press service reports.
In general, Chery intends to expand its model range in the Russian Federation: in May, the company will announce the start of sales of the seven-seat hybrid TIGGO 8 PRO e +, and by the end of the year it will introduce a TIGGO 7 PRO series car with a hybrid power plant. «The next step in the Russian market towards transforming the market environment is to introduce electric cars. We see that the infrastructure in Russia is ready for this,» added the top manager.
In addition, According to Guybin, sales of the Arrizo D-class sedan will begin in the Russian Federation in the summer.
According to the Association of European Businesses, in the first quarter of 2023, sales of Chery's own brand in Russia tripled compared to the same period last year, to 18, 9 thousand cars. Sales of two other brands of the automaker, Omoda and Exceed, amounted to 5.6 thousand cars each. For the first brand, the dynamics is not given, for the second — an increase of 2.4 times.