Chery Automobile plans to sharply increase the proportion of its exported vehicles manufactured outside China, targeting 70% by 2030, according to remarks by the company's executive vice president, Zhang Guibing, reported by Reuters and cited by Chinese outlet Gasgoo.
Zhang said the share of overseas-made vehicles among Chery's exports is expected to exceed 50% for the first time by the end of this year, rise to 60% by 2027, and reach 70% by 2030. So far this year, the figure stands at about 48%, he added. The push for local production is aimed not only at selling cars but also at creating jobs and collaborating with local technology partners, Zhang explained.
The target builds on Chery's growing international business. In 2025, the company exported 1.2944 million vehicles, with overseas revenue of 157.42 billion yuan (about $22.2 billion), accounting for 52.4% of its total revenue, according to Chery's annual report.
South Africa and Europe plants
Chery has taken over Nissan's former vehicle plant in Rosslyn, South Africa, and plans to begin production there in mid-2027. Initial annual output is planned at 15,000 vehicles during the ramp-up phase, with a target of 40% local parts content at the start.
In Europe, Chery is working with Spanish partner Ebro to assemble vehicles at the former Nissan Barcelona plant. The move is part of Chery's localization strategy amid EU tariffs on electric vehicles made in China.
The company's overseas expansion spans multiple markets, and its increasing reliance on foreign production reflects a broader trend among Chinese automakers seeking to mitigate trade barriers and strengthen local supply chains.
