Chery Quantum factory moved to Changshu

　　National Development and Reform Commission yesterday announced that it has approved application report for the relocation construction of Chery Quantum Automobile Co., Ltd. passenger car joint venture project.

　　The project site of Chery Quantum Automobile Co., Ltd. passenger car joint venture project will be moved from Wuhu, Anhui, to Jiangsu Changshu. It is understood that the annual output of the plant will be 150, 000 passenger cars, of which 40% are for export.

　　According to Beijing Times, Chery Quantum is first joint venture of China's largest independent brand car company Chery Automobile. In 2008, together with the United States Quantum, Chery established Chery Quantum Auto. Co., Ltd. According to the agreement was signed at that time, with an annual production scale of 150,000 cars and expected to be completed in 2009, Chery Quantum factory was located in Anhui Wuhui. But since then there has been no progress about the project. 

　　(Translator: Yalong/Jessie)

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