Motoring: China’s Chery seeks to be ‘Toyota plus Tesla’ as it targets global expansion

Chery, China’s largest car exporter, is taking inspiration from two very different automakers – Toyota and Tesla – as it pursues expansion in Europe and beyond, its top executive told Reuters.

Chery is considering adding production capacity in Barcelona, Spain, where it has a joint venture. It is also ‌looking for more opportunities to share production facilities with European car companies, Chairman Yin Tongyue said in an interview on Monday.

Founded in 1996 on the banks of the Yangtze River, Chery’s first car rolled off the assembly…