Recent events
Recent events tied to this brand in public sources.
Back to profile7 entries
2022
Luxshare Precision and Chery businesses establish a strategic partnership
Luxshare Precision and Chery Holding Group, Chery Automobile and Chery New Energy signed a strategic cooperation framework agreement and established a strategic partnership. The parties also stated that Luxshare Precision and Chery New Energy intended to jointly form a company for new-energy vehicle development and manufacturing.
2022
Luxshare affiliate agrees to acquire minority stakes in Chery businesses
Luxshare Precision Holdings signed a framework agreement to purchase stakes in Chery Holding Group, Chery Automobile and Chery New Energy from Qingdao Wudaokou. The agreement specifies the proposed stakes and a total price of RMB 10.054 billion; the source says the transaction would not give Luxshare control of the businesses.
2021
Chery and Horizon Robotics sign strategic cooperation agreement
Chery Holding Group and Beijing Horizon Robotics Technology Research and Development Co. signed a strategic cooperation agreement to collaborate on technology research and product development, including intelligent driving and intelligent interaction.
2020
Huawei announces 5G automotive ecosystem with 18 automakers
Huawei announced that it would join with an initial group of 18 automakers to establish a 5G automotive ecosystem, aiming to accelerate commercial use of 5G technology in the automotive industry. The article says Huawei would contribute 5G technology rather than manufacture cars.
2020
Chery Group and Baidu agree to deepen cooperation
Chery Group and Baidu reached an agreement to deepen and expand cooperation across areas including intelligent driving. Baidu plans to provide AI support and technical solutions, while Chery plans to increase resources for cooperation and share overseas-market resources.
2019
Chery Group and China Post sign strategic cooperation framework agreement
Chery Group announced that it had signed a strategic cooperation framework agreement with China Post to explore business cooperation in areas including finance, express logistics, vehicle procurement, market expansion, securities and investment.
2019
Qingdao Wudaokou becomes Chery’s controlling shareholder
A transaction involving capital increases in Chery Holding Group and Chery Automobile was concluded, bringing Qingdao Wudaokou in as a new shareholder. The reported post-transaction stakes would give Qingdao Wudaokou 51% of each company’s shares.