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Chery - the automotive group that owns OMODA and JAECOO - has had an impressive start to 2024, with over one million vehicles sold worldwide in the first half of the year. This has pushed their global user base to an impressive figure of over 14 million.

Chery makes a grand return to Vietnam after a 14-year hiatus, partnering with Geleximco, aiming to establish a manufacturing plant, introducing a higher-end product line, and tapping into the budding electric vehicle market.

Hoa Phat's $85 billion project in Quang Nam is expected to finish a few months ahead of schedule.

Which Country Has Become a Lucrative Market for Chinese Autos?

The Chinese electric vehicle industry is grappling with a production surplus crisis, prompting manufacturers to aggressively target the Vietnamese market with competitively priced offerings. However, entrenched perceptions about quality, coupled with aftersales service challenges and market stability concerns, cast a long shadow over the prospects of these vehicles gaining a strong foothold in Vietnam.

Many Chinese brands are eager to tap into the Vietnamese market but are faced with significant barriers.

"We're not positioning ourselves as an overnight giant with immediate sales aspirations. Our strategy is a careful, step-by-step process." - AION Vietnam's CEO.

The presence of Vietnamese agricultural products in the Russian market is growing steadily. Furthermore, select produce has solidified its position in this market, strengthening its foothold and gaining popularity among Russian consumers.

This model marks the ongoing collaboration between China's leading automaker and Jaguar Land Rover. The partnership has resulted in a sleek and powerful vehicle that combines the best of both brands. With its dynamic design and advanced engineering, this car is a testament to the strengths of these two automotive powerhouses.

With an impressive charging time, this SUV can boost its battery from 30 to 80% in just 19 minutes.