Chery Automobile delays production at its Spanish factory by one year

Gia Automobile News According to Reuters, on November 14, Pedro Calef, CEO of Ebro, the Spanish partner of China automaker Chery Automobile, said that Chery Automobile will delay the start of car production in Spain until the fourth quarter of 2025, which is about one year later than previously planned.

Chery OMODA 5.

Photo source: Chery Automobile,Pedro Calef said: “Chery Automobile’s project in Barcelona has not been cancelled, just adjustments have been made.

We have reason to believe that we will establish a solid cooperative relationship with Chery Automobile for many years.

“, Pedro Calef also said that the Barcelona plant will produce “20,000 to 30,000” vehicles next year and is currently focusing on the Spanish and Andorra car markets.

He added that the prices of the cars would be very competitive, but declined to elaborate further.

, Chery Automobile has not commented on the above reports.

In September this year, Ebro said that due to the EU’s plan to impose import tariffs on China electric vehicles, Chery Automobile would delay the production start-up time of its factory in Barcelona, Spain (Chery Automobile’s first factory in Europe) from the end of this year to next year, but did not give a more specific time.

However, Pedro Calef said that EU tariffs on electric vehicles on China should not affect the joint venture between Chery Automobile and Ebro because production is carried out in Europe.

In October this year, Spain chose to abstain when the European Union voted on whether to impose higher import tariffs on electric vehicles made in China.

In April this year, the joint venture between Chery Automobile and Ebro stated that it aims to achieve an annual production of 150,000 vehicles by 2029 and build the Barcelona plant as one of Chery Automobile’s main export facilities, as global electric vehicle manufacturers are launching a fierce price war to compete for car market share.

The Barcelona plant will be used by Japanese automaker Nissan until 2021 and earlier by Ebro.

Ebro Chairman Rafael Ruiz said it will rehire 1,250 workers who were laid off four years ago due to the closure of the Nissan plant.

, In addition, Ebro expects sales of approximately 330 million euros (approximately 347 million dollars) in 2025 and 1.

1 billion euros in 2027.

The company is expected to start turning profitable next year, with a core profit of 22 million euros.

, Return to the first electric network home page>,.

Link to this article: https://evcnd.com/chery-automobile-delays-production-at-its-spanish-factory-by-one-year/

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