China's Chery picks Omoda C4 as its first vehicle to be built in South Africa
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓Chery will build its Omoda C4 at the Rosslyn plant near Pretoria, the company said on Wednesday.
- ✓The vehicle launches in South Africa next year in petrol, hybrid, and electric versions.
- ✓Chery wants to use the site as an African hub, aiming to produce 50,000 vehicles a year eventually.
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- BUSINESS
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- Market Focus
- India Economy
The Omoda C4 will be produced at the Rosslyn plant near Pretoria, which Chery acquired from Nissan this year. It will be offered in petrol, hybrid and fully electric variants when it launches for sale in South Africa next year, the company said on Wednesday.
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Chery said production would be accompanied by a localisation programme aimed at developing South African suppliers and increasing the proportion of locally sourced components. That chimes with South African initiatives to increase domestic manufacturing and component sourcing.
Beijing Automotive Group (BAIC) has an assembly and manufacturing plant in South Africa while GWM is considering whether to share a manufacturing facility with another carmaker or acquire an existing plant if available.
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