None
EN
Nissan sells plant in Africa to Chinese automaker Chery as EV production shifts to new markets
[]
The Nashville Ledger
The move reflects a broader strategy by Chinese automakers to manufacture closer to African consumers rather than rely solely on imports, though the trend is just getting started.
Local manufacturing could eventually lower vehicle prices by avoiding import duties while stimulating investment in charging infrastructure, component manufacturing and battery production.
Rapid urbanization, rising incomes and the relative affordability of Chinese brands are enabling Chinese automakers to capture markets historically dominated by European, Japanese and American giants.
"As electric vehicles become more cost-competitive, their uptake will accelerate across Africa, and Chinese automakers will benefit," Hedley said.
South Africa has a head startSouth Africa already has manufacturing capacity, skilled workers and established export markets, Banda said.