EconomyChinese automaker Chery buys Nissan plant in Africa as EV production shifts to new markets
Chinese automaker Chery has bought a Nissan plant in Africa. Chinese carmakers are increasingly moving beyond exporting vehicles to the continent and are beginning to assemble them locally. They are targeting Africa’s rapidly growing population, expanding middle class and rising demand for affordable electric vehicles. The shift points to EV production reaching new markets.
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The Associated Press★★☆☆☆2026-08-12 10:30Original
Chinese automaker Chery buys Nissan plant in Africa as EV production shifts to new markets
Economy