Is Chery a Domestic or Joint Venture Car?
2 Answers
Chery Automobile Co., Ltd. has been committed to independent research and development since its establishment in Anhui, China in 1997. It is a state-owned enterprise and not a joint venture car. Here is some information about Chery Automobile: 1. Chery Automobile Co., Ltd.: A state-controlled enterprise, registered and established on January 8, 1997, headquartered in Wuhu City, Anhui Province. The chairman and general manager is Yin Tongyue. 2. Chery Automobile's products: Covering passenger cars, commercial vehicles, microcars, and other fields. Chery Automobile has been the sales champion of Chinese independent brands for nine consecutive years, becoming a representative of Chinese independent brands.
I've studied cars for many years, and Chery is absolutely a domestic brand! It was founded in 1997 in Wuhu, Anhui, entirely invested and managed by Chinese enterprises, not a joint venture brand. The so-called joint venture refers to collaborations like Volkswagen or Toyota where foreign capital is involved, but Chery has never introduced foreign investment. As an independent brand, it independently develops engines and electric technologies with strong technical capabilities. Now Chery is actively exporting overseas and is very popular in places like Russia and South America. If you want to buy a domestic car to support local industry, Chery is a great choice—affordable and reliable. The Chinese automotive industry is rising, and domestic brands like Chery are now on par with joint venture standards.
