Chinese automaker Chery buys Nissan plant in Africa as EV production shifts to new markets
Summary
Chinese automaker Chery has bought Nissan’s former car factory in South Africa to produce electric and hybrid vehicles. Chinese car makers are starting to build vehicles in Africa instead of just exporting, aiming to meet growing demand there and benefit from government support.Key Facts
- Chery acquired Nissan’s old Rosslyn plant near Pretoria, South Africa, to make plug-in hybrids, electric vehicles, and Jetour brand cars.
- Chinese automakers are shifting production closer to African buyers to reduce dependence on exports.
- Other Chinese companies like BAIC and Great Wall Motor also have assembly operations in South Africa.
- Africa’s growing cities, rising middle class, and supportive government policies make it an attractive auto market.
- Countries like South Africa, Morocco, Kenya, Ethiopia, and Ghana are best positioned for electric vehicle investments.
- Morocco plans to build Africa’s first large battery factory (gigafactory) to support EV supply chains.
- Local manufacturing can lower vehicle prices by avoiding import taxes and encourage investment in charging stations and batteries.
- Switching to electric vehicles could reduce Africa’s reliance on imported fuels and help local economies.
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