Chery plans to invest 1.773 billion yuan in Kaifeng, Henan


On September 1, the reporter learned from Chery Automobile that on August 25, Chairman Yin Tongyao of Chery Automobile went to Zhengzhou to meet with Xu Guangchun, Secretary of the Henan Provincial Party Committee and Chairman of the Standing Committee of the Provincial People's Congress, and reached an agreement that Chery Automobile will invest in Kaifeng. For an annual production base of 200,000 minicars, 80,000 light trucks and agricultural machinery, the investment amounted to 1.773 billion yuan.

The progress of the construction of the plant is very fast. Chery has already delegated high-level leaders to Kaifeng to discuss with the responsible persons of Henan Province and Kaifeng City on the details of the plant construction.

Chery said that for Chery, it is imperative to build a Kaifeng base. At present, the micro-car brand of Chery Automobile is officially operating. With the continuous introduction of new products, the product structure has been very full. At present, the micro-vehicles are co-produced with the Chery Automobile's commercial vehicle models at the fourth plant in Wuhu, and production capacity will not be limited in the short term. However, with the continuous increase of market share, Chery’s existing microcar capacity will not be able to meet its market demand soon.



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