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International Business Times
International Business Times
Business
Valentin Bontemps with Ludovic Ehret in Beijing

China Auto Sector Steps Up Europe Push With Spain Plant

European Union Spain China Europe Chery electric vehicle Beijing Pedro Sanchez BYD
Chery International Executive Vice President Zhang Guibing delivers a speech in Barcelona after signing an agreement with Spanish group Ebro-EV Motors in Barcelona that will see the creation of a joint venture to assemble Chinese cars in Spain (Credit: AFP)

Chinese carmaker Chery signed a deal Friday to produce mainly electric vehicles in Spain, as Beijing's auto sector pushes ahead with plans to expand into Europe despite growing competition concerns.

It is the second Chinese carmaker to set up in Europe after China's top electric carmaker BYD said in December it would build a factory in Hungary.

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