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Wire · operational-macro

Chinese automaker Chery buys Nissan plant as EV production shifts to new markets

Published

12 August 2026

Topic

operational-macro

Sectors

Micromobility

Geography

Africa

Source

Read at abcnews.com

Verified

Fusion42 · 23 August 2026 · Fusion42 review

Chinese automaker Chery has acquired Nissan's former plant in South Africa to locally produce electric and hybrid vehicles, reflecting a broader trend of Chinese automakers shifting EV production closer to African consumers amid slowing demand and trade barriers in traditional markets. This move supports job creation, supply chain development, and accelerated EV adoption in Africa but faces challenges from infrastructure weaknesses and policy uncertainty.

This Wire brief sits within Fusion42's coverage of Micromobility, and 2 sources have reported it.

◆ The Wire takeaway

Electric vehicle founders targeting African markets must now compete with established Chinese automakers setting up local production. Your best move is to explore partnerships or supply chain roles in this emerging manufacturing base to avoid falling behind.

Coverage

2 sources · 12 Aug 2026

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Topics

Micromobilitychinese-automakerselectric-vehiclesafrica-marketlocal-manufacturingindustrial-policy