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China’s Chery Automobile is to set up its first European factory in Spain following a deal with Spain’s Ebro-EV Motors, the government said on Tuesday.
In a statement, Spain’s industry ministry said the two companies had reached “an agreement to produce cars in the former Nissan factory in Barcelona’s Zona Franca” industrial zone.
The Spanish carmaker confirmed the move saying it had reached a deal with Chery “to manufacture vehicles through a joint venture majority owned by Ebro”, adding that the plant would produce Chery’s Omoda brand vehicles.
No further details were available about the deal which will be signed in Madrid on Wednesday by Industry Minister Jordi Hereu and a Chery delegation in the presence of members of Catalonia’s regional government.
