China’s Chery carmaker eyes Spain for first EU factory

MADRID, Spain — China’s Chery Automobile is to set up its first European factory in Spain following a deal with Spain’s Ebro-EV Motors, the government said on Tuesday. In a statement, Spain’s industry ministry said the two companies had reached “an agreement to produce cars in the former Nissan factory in Barcelona’s Zona Franca” industrial
Read The Rest at :