Chery delays plan to build EVs in Spain on EU tariffs, report says

Spain is counting on Chery to reinstate more than 1,000 jobs at the former Nissan plant in Barcelona.
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Chery delays plan to build EVs in Spain on EU tariffs, report says

Chery Delays Europe Launch of Omoda 5 to 2025

Introduction

In a surprising turn of events, Chery, a Chinese automobile manufacturer, has announced the postponement of its Europe production plans for the Omoda 5 until 2025. This decision affects automotive markets throughout Europe, including Spain where the vehicle was highly anticipated. Let’s delve into the details and implications of this delay.

Chery’s Strategic Shift

The decision to delay the Omoda 5’s European production highlights several strategic considerations for Chery.

Market Analysis and Preparation

  • Thorough Market Research: Chery is prioritizing extensive market research to better understand European consumer preferences, ensuring a stronger market entry.
  • Refining Vehicle Specifications: The delay allows Chery to refine the Omoda 5’s specifications to meet Europe’s stringent regulations and environmental standards.
  • Infrastructure Development: Building a robust infrastructure, including service centers and partnerships, is crucial for a successful launch.

Challenges and Implications

  • Regulatory Hurdles: Navigating complex regulatory landscapes in various European countries poses a significant challenge.
  • Supply Chain Issues: The

Credits:https://europe.autonews.com/automakers/chery-delays-europe-output-plans-omoda-5-spain-until-2025

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