SAO PAULO, Brazil – Chinese automaker Chery inaugurated its first plant in Brazil on August 28 in the city of Jacarei in Sao Paulo state, according to a report on Xinhuanet.com.
Chery also announced an investment of 50 million reais ($22.4 million) to build a research and development center in Brazil at the inaugurating ceremony.
“Chery is the first Chinese passenger vehicle maker building a plant in Brazil. With a total investment of $400 million, the plant is also the automaker’s first overseas assembling facility,” said Peng Jian, president of Chery for Brazil. “Output capacity of the facility will be 50,000 vehicles per year in the first phase. The first models to be manufactured will be the Celer and QQ. The plant will be capable of producing 150,000 vehicles annually after the second-phase construction of the plant is completed, forming a whole industrial chain covering R&D, OEMs and suppliers.”
The first Celer made in the plant was also displayed during the ceremony.
“In the future, probably starting in 2018, Chery will have a car planned, developed and produced especially for the Brazilian market. The R&D center will also act in the development of new models for Latin America,” said Luis Curi, Chery’s vice president for Brazil.
The plant currently employs 300 people and will create 3,000 jobs when it is fully operational in 2018.