Chery

For Chinese carmakers facing overcapacity, such deals boost revenue and comply with Beijing’s export controls

The factory in Sunderland could start producing the Chinese brand’s vehicles as soon as 2027

Officials are now discussing whether to give various Chinese manufacturers a specific allocation within the 49,000 vehicles

The company’s global sales have surged in recent years, almost quadrupling from 2020 to 2025

The government is hoping to push Chinese companies to assemble and manufacture vehicles in the country

It prefers to use existing production capacity instead of investing in a new assembly plant

The steep cuts have fuelled a sales surge of over 20% in October and November

BYD in particular has rapidly built its sales network, with a focus on the UK

The technology-for-equity deal is designed around deep operational integration