Chinese automaker Chery acquires Nissan plant in Africa
Chinese automaker Chery has bought a Nissan manufacturing plant in Africa as Chinese carmakers shift from exporting vehicles to building them locally.
Chinese automakers are increasingly moving away from exporting vehicles and instead establishing manufacturing operations in Africa. The shift reflects a broader strategy by Chinese companies to build production capacity closer to African markets.
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Chinese automaker Chery buys Nissan plant in Africa amid EV market shift
Chinese automakers are increasingly shifting from exporting vehicles to building them in Africa.