China's Chery set to enter European market

Chery is gearing up for its debut in Europe in 2024 with the launch of its Omoda and Jaecoo brands. These vehicles will be made available through dealership networks, with Chery eyeing potential expansion to around a hundred outlets in key markets such as France and Germany, the largest in the EU. The company's initial offerings will include two SUVs targeting the C and D segments, featuring both electric and hybrid options. Founded in 1997, Chery ranks among China's top 10 automakers.