China's Chery carmaker eyes Spain for first EU factory

Madrid (AFP) April 16, 2024

China's Chery Automobile is to set up its first European factory in Spain following a deal with Spain's Ebro-EV Motors, the government said on Tuesday. In a statement, Spain's industry ministry said the two companies had reached "an agreement to produce cars in the former Nissan factory in Barcelona's Zona Franca" industrial zone. The Spanish carmaker confirmed the move saying it had r