After BYD, one of the Chinese automotive giants, invested in Turkey, Chery will establish a factory in our country news had come out. It was even reported that feasibility studies were carried out on the location of the factory and that Manisa and Samsun were being considered. We had also written a content on this subject for you, Mobile readers. Now, new news has come out on the subject and the authorities have confirmed the investment decision; Chery is coming to Turkey.
Authorities Confirmed: Chery Coming to Turkey
To Turkey After 27 years The first company to invest in the automotive sector was the Chinese BYD. BYD, which will make a $1 billion investment in our country, plans to produce hybrid cars in the factory it will establish here. Now, another new investment has come and Chery to establish a production facility in TurkeyAlthough there was no official statement before, it was known that Chery officials were conducting feasibility studies. Now it has been confirmed.
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Chery’s off-road SUV brand JAECOO was recently introduced in Türkiye and Chery senior officials made some statements about the investment we mentioned above. Chinese officials stated that they were evaluating Manisa and Samsun provinces to establish a production center and that they were very close to the signing stage. In addition, Chery officials stated that they were evaluating other provinces as well.
Chery’s investment in Türkiye The officials who made statements about it said that they have not yet reached a definitive decision on whether the investment will be a partnership or entirely their own. It is said that the joint venture model is still on the table. Chery declared that its doors are open to everyone regarding the partnership.
Chery to Build a Factory in Manisa or Samsun
The joint investment model is not a first for Chery. For example, the brand has also established a production facility in Spain. Chery vehicles will now be produced in the factory where Nissan previously produced, and this factory will operate with the established local partnership. In other words, Chery joint venture model familiar with it, so one might prefer such a model in Turkey as well.
Chery cars It is very popular in our country. Although Chery, which came to the Turkish market last year, was launched with only 3 models, it managed to become the 10th best-selling brand of 2023. With its SUV models To the Turkish automobile market Having gained a solid place, the brand became the 3rd best-selling brand in the first 7 months of 2024. Chery sold more than 41 thousand vehicles in Turkey in the first 7 months of 2024.