Chery Partners with Afrigreen to Boost Kenya's Automotive Industry
Sunday, 28 July 2024, 11:15
Chery's Investment in Kenya
On July 28, NAIROBI, the Chinese electric vehicle manufacturer Chery signed a groundbreaking partnership deal with Afrigreen Automobile to invest over Sh2 billion in the Kenyan automotive sector.
Details of the Partnership
- This investment will facilitate the establishment of a vehicle assembly plant in Kenya.
- The collaboration aims to boost local production and increase job creation.
- As electric vehicle demand rises, the partnership positions Chery favorably in the Kenyan market.
Conclusion
This strategic investment by Chery signals a significant commitment to advancing the automotive industry in Kenya, aligning with global trends toward electric vehicle adoption.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.