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Chery Automobile Co. Began in early January of 1997 and currently has a registered capital of RMB 3.68 billion. Construction of the plant began mid-March 1997 and the first vehicle exited the production line in Mid-December 1999. By the end of March 2010, two million vehicles had rolled off the assembly line. Currently, the company can produce 900,000 vehicles and all the Chery parts to keep them running.
The organization designs the key components of vehicles with suppliers and holding companies, carrying out its production, study and research with help from domestic universities as well as scientific research institutes. This allows the manufacturer to have a R&D team of over 6000 members.
The independent innovation of Chery has allowed them to make many breakthroughs in both cutting edge and core technology that boost their products to a new generation.
Next in the strategic goal plan for the company is globalisation. The company has become the first Chinese automobile company to export engines and auto manufacturing technologies to foreign countries. Currently vehicles have been exported to over 80 countries in all regions of the world. Over 500,000 vehicles have been exported to countries in North America, South America, Africa, Europe and of course Australia.
This has meant that, As these vehicle continue to grow in production and popularity, the need for Chery parts will also grow. The management of this team seems to have captured an idea in transportation that is gaining in strength around the world. Slowly they are realizing their goal of globalization.
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