Chery Planning New Factory in Malaysia
Published May 27, 2013
Chery announced yesterday a new factory with a Malaysian partner that will see two work together on developing Malaysia as an export hub for other South East Asia countries. Malaysia has long been positioning itself as an up and coming export base due to its own expanding auto market, Chery has become the latest addition to the Malaysian market with a new local CKD production plant.
The production plant will use CKD kits sent from China to build the new QQ, Tiggo, B14, and H13 sedan. The factory will initially have production of 10,000 units per year with production capacity expected to be increased to 20,000 units per year with total investment expected to reach 250 million RMB.