Chery analyzes the establishment of an electric vehicle plant in the country

Chery analyzes the establishment of an electric vehicle plant in the country

In this sense, it was pointed out that on the occasion of the presidential visit, a series of bilateral investment, development and cooperation announcements will be made, among which the installation of an electric vehicle manufacturing plant in Santa Fe could be added. The company pointed out that this possibility is being analyzed “in the framework of the industrial development that Chery Socma Argentina has been analyzing, together with Chery International, and with the promotion of the Sustainable Mobility Project promoted by the Government in Congress”.

For this reason, “a project to establish an electric vehicle plant in the country is being studied to supply the local market and export to Latin America,” he assured. “We believe that renewable and clean energies are the future, not only in the automotive industry, but in society in general. On this path, which will already be long, we want to be leading actors of change“, they explained from the company.

The national government aspires to achieve in the extraordinary sessions of Congress the treatment of the Bill for the Promotion of Sustainable Mobility, which plans to generate investments of US$8.3 billion in the next 10 years and create more than 21,000 jobs.

The project emphasizes the development of the lithium chain and the manufacture of batteries, so “the impact would exceed even the automotive industry”, since in the mining sector, for example, there are initiatives for billions of dollars associated with the extraction of this ore and copper.

The scheme to be created will be temporary and will offer benefits (decreasing over time) for 20 years, and provides for the promotion of parts and sets.

If approved, from 2041 no more internal combustion vehicles may be sold throughout the national territory, and the new law would also oblige the national State to respect electric quotas in the replacement of the official fleet and in the replacement of the fleet of passenger transport.

Of the Chinese brands that operate in the Argentine market, Chery is the one that closed 2021 with the highest level of patenting, with 5,290 units, a growth of 42.9% compared to 2020 and a 1.5% share of the total market. In the country, it has an available portfolio of five models, from the QQ urban vehicle to the Tiggo SUV family.

Source From: Ambito

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